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Lee Shau-kee of Henderson Land

Henderson Land and Friends Seek $6B in Financing for Kowloon Mega-Project

2018/10/24 by Emma Zhou Leave a Comment

Hong Kong-listed real estate developer Henderson Land is leading a consortium of property firms in the city in an effort to raise about HK$46 billion ($6 billion) via bonds and loans, according to sources cited by Bloomberg. to push forward a… Read More>>

Donald Choi Chinachem

Chinachem Group Buys $1.63B Kowloon Condo Site in Hong Kong

2018/10/24 by Emma Zhou Leave a Comment

Hong Kong-listed real estate developer Chinachem Group was announced on Monday as the winner of a public tender for a residential site in the Ho Man Tin area of Kowloon East estimated to be worth nearly HK$13 billion ($1.66 billion).

… Read More>>

lee shau kee

Henderson Land Wins HK$1.36B URA Project in Sham Shui Po

2018/10/24 by Emma Zhou Leave a Comment

Hong Kong’s Urban Renewal Authority on Tuesday announced on its website that Henderson Land had won a tender for a mixed-use project in Kowloon’s Sham Shui Po area with a bid of HK$1.368 billion ($175 million).

The victorious bid by… Read More>>

Xu Jiayin Evergrande

Evergrande Hopes to Pawn Hong Kong Office Tower in Return for $1.5B Loan

2018/10/23 by Jan Kot Leave a Comment

The mainland’s largest developer by sales in 2017, China Evergrande Group, is resorting to pawning its most valuable offshore asset in an effort to raise $1.5 billion to pay down its debt and make dividend payments, according to a Reuters… Read More>>

William Chan Rykadan Capital

Rykadan Capital Forces Compulsory Sale of HK$315M Wanchai Property

2018/10/23 by Emma Zhou Leave a Comment

Hong Kong-listed Rykadan Capital has taken a major step towards developing a 30-storey commercial tower in the city’s Wanchai district after buying up nearly 90 percent of an aging building on Jaffe Road two MTR stations east of Central.

The… Read More>>

China Railway Construction boss Chen Fengjian

China Railway Construction Stars as Beijing Sells Trio of Sites for RMB 7.9B

2018/10/23 by Jan Kot Leave a Comment

Restrictions on China’s real estate market have not completely snuffed out developer demand for new sites, as Beijing last week successfully sold a trio of suburban land plots, fattening the city’s coffers by a total of RMB 7.95 billion ($114.72… Read More>>

lee-kok-sun GIC

GIC Said to Buy Perth’s Exchange Tower for A$320M

2018/10/21 by Jan Kot Leave a Comment

Singapore’s sovereign wealth fund GIC is said to have successfully won a tender for a prime office building in Perth, Australia, paying more than A$320 million ($228 million) to the building’s existing joint owners AMP Capital and Primewest, according to… Read More>>

Walter Kwok

Former SHK Chairman Walter Kwok Dies at 68

2018/10/21 by Michael Cole Leave a Comment

Walter Kwok, once the chairman of Hong Kong’s largest property developer, Sun Hung Kai, passed away Saturday morning in the city’s Adventist Hospital, according to a report in the South China Morning Post.

The death of Kwok, who inherited part… Read More>>

China Life Insurance Centre

SMBC, Dufry Sign New Leases in Kowloon’s Hung Hom Area as More Corporates Flee Central

2018/10/21 by Michael Cole Leave a Comment

While Hong Kong’s investment market has slowed down in the past two months, excitement over the opening of the Hong Kong-Zhuhai-Macau bridge is helping to give the city’s office rental market a boost, especially in the emerging Kowloon East commercial… Read More>>

Mao daqing tb

Mainland Co-Working Heavyweight Ucommune Acquires Rival Fountown

2018/10/18 by Jan Kot Leave a Comment

Chinese co-working giant Ucommune continued its 2018 expansion streak by fully acquiring its Shanghai-based rival Fountown, adding 26 locations in Beijing and Shanghai to its mainland portfolio.

“I’m positive about the future growth outlook of the co-working economy in China… Read More>>

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