Guangzhou R&F Properties looks set to pare back its collection of assets in London’s Nine Elms regeneration area, as the cash-strapped developer has agreed to sell its Vauxhall Square mixed-use project to Hong Kong-based Far East Consortium (FEC) for £95.7… Read More>>
Shui On’s Xintiandi IPO Fails as Developer Shares Slump on the HKEX
The long-awaited listing of Shui On Land’s Xintiandi unit has faltered at the final hurdle, with the Shanghai-based developer scrapping — for now — the Hong Kong IPO of an ownership vehicle for the group’s mainland commercial properties.
The application… Read More>>
Logos, ADIA to Grow Australian Logistics JV to $3.6B in Value
Industrial developer Logos has secured an additional equity commitment from the Abu Dhabi Investment Authority for their Australian logistics joint venture, with the Sydney-based builder saying the new cash will potentially expand the gross asset value of the JV portfolio… Read More>>
Weave JV Buys Singapore Hotel for $56M as Rental Housing Operator Goes Regional
Weave Living is leading a S$75 million ($56 million) purchase of a hotel in Singapore’s Bugis district to mark its first acquisition in the Lion City.
The Warburg Pincus-backed rental housing platform is acquiring the row of two-storey shophouses at… Read More>>
Swire JV Buys Xi’an Taikoo Li Site for $407M as Mainland Portfolio Expands
Hong Kong’s Swire Properties this month announced a fourth addition to its Taikoo Li commercial projects on the mainland, having formed a joint venture to acquire a high-end retail site in the second-tier city of Xi’an through a government land… Read More>>
Hong Kong Real Estate Tycoons Dominate Forbes Top 10 in 2021
Six property multibillionaires among the richest Hong Kongers remain unfazed by pandemic headwinds, with their $142.2 billion in cumulative wealth accounting for as much as 72 percent of the total fortunes of the city’s top 10, according to Forbes’ latest… Read More>>
Soho China Touts 30% Discounts on Slices of Beijing, Shanghai Projects
Soho China is selling 32,000 square metres (344,445 square feet) of what it calls “high-quality properties” in Beijing and Shanghai at a 30 percent discount, as the developer looks to shore up its financial position after a planned takeover by… Read More>>
Swire Properties Maps Out $12.8B Asia Pipeline After 25% Drop in Profit
Swire Properties today reported a nearly 25 percent drop in underlying profit attributable to shareholders for 2021, as the company struggles with weak commercial leasing and hospitality environments in its core markets of Hong Kong and mainland China.
In the… Read More>>
Local Builder Sim Lian Tops Tender for Singapore Residential Site with $255M Bid
Sim Lian Group placed the highest bid for a residential plot near Singapore’s Upper Bukit Timah area, topping a competitive field in a government tender for the suburban site on Tuesday.
Privately-held Sim Lian Land and Sim Lian Development offered… Read More>>
Wharf Reports 7% Rise in Underlying Profit Yet Warns of Fragile Recovery
Wharf Holdings on Wednesday reported a 7 percent rise in its 2021 underlying net profit to HK$3.65 billion (now $470 million), but the Hong Kong developer cited lingering COVID-19 troubles and the war in Ukraine as it gave a downbeat… Read More>>
- « Previous Page
- 1
- …
- 296
- 297
- 298
- 299
- 300
- …
- 610
- Next Page »