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Citibank's Josephine Lee

Hong Kongers Expect Housing Market to Stabilise Says Citi Survey

2019/12/10 by Michael Cole Leave a Comment

Despite six months of protests and a year-long slide in home prices, many Hong Kong residents are regaining confidence in the city’s housing market, according to a survey published this week by Citibank.

While Hong Kongers remained skeptical toward buying… Read More>>

Pansy Ho Shun Tak

Shun Tak JV Paying RMB 4.7B to Buy 50% of Mega-Project on Shanghai’s Suzhou Creek

2019/12/09 by Jan Kot Leave a Comment

Shun Tak Holdings, the Hong Kong-based holding company of casino billionaire Stanley Ho is taking a gamble on a long-stalled Shanghai project, after leading a joint venture which acquired a half-stake in a site along Suzhou Creek, just a quick… Read More>>

Mirae Sells Germany’s Cologne City Hall for €500M

2019/12/07 by James Hatton Leave a Comment

Korean investment manager Mirae Asset Global Investments has sold the Cologne city hall to Germany’s DIC Asset AG for €500 million ($555 million), achieving a 27 percent capital gain after holding the asset for just over three and a half… Read More>>

Peter Lee and Martin Lee Henderson

Henderson Buys Out Aging Hong Kong Building to Acquire New Territories Site

2019/12/07 by Jan Kot Leave a Comment

Hong Kong’s Henderson Land Development has added another project site to its land bank in its home city by acquiring the last three units in a building in the New Territories’ Tai Po town.

The blue chip developer recently paid… Read More>>

wang jianlin

Wanda to Open 17 Malls This Month on Way to 323 Plaza Portfolio

2019/12/07 by Jan Kot Leave a Comment

Dalian Wanda Group has announced that it will be opening 17 Wanda Plaza shopping centers this month after China’s largest commercial real estate developer celebrated the opening of its 300th plaza in the Hubei provincial city of Xianning in late… Read More>>

Prologis Teams with ADIA to Launch $5.2B in China Logistics Initiatives

2019/12/05 by James Hatton Leave a Comment

The world’s largest industrial real estate firm has teamed up with a unit of the Abu Dhabi Investment Authority (ADIA) to launch $5.2 billion in China logistics initiatives, according to an announcement by Prologis yesterday.

RMB 12.3 billion ($1.7 billion)… Read More>>

GDS's William Huang

GDS Buys Beijing Data Centre for RMB 2.5B to Feed Video Streaming Frenzy

2019/12/05 by James Hatton Leave a Comment

GDS Holdings has agreed to acquire a data centre campus in Beijing for RMB 2.5 billion ($348 million) as the company ramps up its capacity to keep up with the rising demand for cloud and digital technology across China, according… Read More>>

Suchad Chiaranussati SC

SC Capital Buys Sydney Office Building From Centuria for A$105M

2019/12/04 by James Hatton Leave a Comment

SC Capital Partners has announced that it has inked a deal to purchase a grade A office tower just outside of Sydney for A$105.3 million ($72 million), as the company doubles down on its exposure in Australia.

The Singapore-based private… Read More>>

Pony Ma Tencent

Tencent Pays RMB 8.5B for Mixed-Use Site on Shenzhen’s Qianhai Bay

2019/12/04 by Jan Kot Leave a Comment

The Shenzhen government has awarded tech giant Tencent an 809,124 square metre (8.7 million square foot) plot of reclaimed land to develop a “future city” focused on technology and innovation, according to an announcement by the city’s Land and Real… Read More>>

Zhu Mengyi Hopson Development

Hopson Agrees to Buy Stalled NYC Project From Struggling Mainland Developer for $113M 

2019/12/04 by James Hatton Leave a Comment

Mainland China developer Hopson Development Holdings is poised to make its first overseas acquisition after agreeing to buy a stalled residential project in New York for $113.5 million, according to a company announcement to the Hong Kong stock exchange.

With… Read More>>

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