Top level changes at a pair of Hong Kong-listed developers lead this week’s collection of personnel moves from around Asia, as the head of Shanghai-based builder trims back his role and a Hong Kong firm adds some diversity to its… Read More>>
CSI Properties Sells New Territories Retail Podium for $56M
CSI Properties has agreed to sell the retail podium of its residential tower in the New Territories for HK$440 million ($56 million), an executive from the Hong Kong-listed developer confirmed to Mingtiandi.
The unnamed buyer – a local family office,… Read More>>
Deep Water Bay Home Sells for $111M in Hong Kong’s Priciest Deal This Year
A luxury villa in Hong Kong Island’s Deep Water Bay sold on Sunday for HK$870.2 million ($110.8 million), according to public records, in the city’s priciest residential transaction this year.
With the market for Hong Kong high-end housing continuing to… Read More>>
Shimao Chairman Selling Stake in Hong Kong Luxury Project for $134M
Hui Wing Mau, chairman of defaulting real estate developer Shimao Group, has agreed to sell his 40 percent stake in a luxury project in Hong Kong’s Deep Water Bay for a total consideration of HK$1.04 billion ($134.2 million), according to… Read More>>
Hong Kong’s CSI Properties Expands Value-Add Strategy with Greater Bay Fund Sponsored Feature
Having raised a line of international capital for Hong Kong development projects, HKEX-listed CSI Group has now shifted focus to its sponsorship of CSI’s first Greater China Value Add fund, as it prepares to make its expertise at repositioning property… Read More>>
Asia Real Estate People in the News 2021-04-26
Hong Kong’s best known bank has just lost its top investment banker covering the real estate sector, according to local news reports, and that setback leads our collection of personnel moves around the region this week. Beyond banking, Apple has… Read More>>
New World, Empire, Lai Sun and CSI Team Up to Buy Hong Kong MTR Site
Hong Kong’s MTR Corporation has awarded the rights for the fifth phase of property development at Wong Chuk Hang metro station to a consortium of four local developers, reportedly for a lower premium than was paid in the fourth-phase tender.
Henderson Adds to West Kowloon Project and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Henderson Land has snapped up a piece of a West Kowloon tenement building for HK$24 million as the developer continues to assemble pieces for a one million square foot project.
Across the Kowloon… Read More>>
CSI Ready to Redevelop Site in Hong Kong’s Central After HK$185M Acquisition
Hong Kong-listed CSI Properties has acquired the remaining four floors in a building on Wellington Street in Hong Kong’s Central district for HK$185 million ($23.59 million), according to an account in the Hong Kong Economic Times
The purchase brings the… Read More>>
HK’s CSI Pays Triple-Price to Acquire Last Piece of Sheung Wan Tea House Site
CSI Properties has completed the purchase by compulsory sale of a building in Hong Kong’s Sheung Wan area that is home to the sole surviving branch of the Lin Heung Tea House, one of the city’s most famous dim sum… Read More>>