Asia Pacific real estate investment news and information
CK Asset Holdings is said to be planning the redevelopment of Hutchison House in Hong Kong’s Central district, an effort that could quadruple the 44-year-old office tower’s valuation to as much as HK$32 billion.
The property arm of the CK… Read More>>
Embattled Chinese conglomerate HNA Group is shedding its stake in European hotelier NH Hotel Group, in the latest move by the debt-strapped firm to downsize its trove of overseas assets and raise badly needed cash.
HNA is selling the 25.2… Read More>>
HNA Group continues to shed US assets to pay off its debt burden, with the Hainan-based conglomerate this past week having been reported this past week to have sold the Minneapolis City Center mall and an adjacent office building for… Read More>>
The world’s priciest office market is driven by two types of demand — from cost-conscious multinationals, and from monied mainland firms, according to Neil Anderson, Head of Office Space at Hongkong Land, whose company owns Jardine House and the Exchange… Read More>>
Hong Kong-listed developer Far East Consortium (FEC) is making another move to bolster its portfolio in Singapore, buying a freehold residential project near the Orchard Road shopping district from a seller believed to be US private equity giant Blackstone for… Read More>>
Alibaba Group wants to be able to deliver packages to any address in the world within 72 hours, and this week the Chinese e-commerce titan took another step towards that goal by unveiling plans for a $1.53 billion high-tech logistics… Read More>>
A consortium led by Chinese property giant Greenland Group has completed its exit from what was once touted as a $2 billion project on the West Coast of the US less than two years after buying the site.
Greenland USA… Read More>>
Singapore’s Ascendas-Singbridge Group today announced a new S$400 million ($300 million) investment programme with government giant Temasek Holdings to develop a portfolio of as much as 15 million square feet (1.39 million square metres) of industrial real estate projects in… Read More>>
Mainland state-owned conglomerate China Resources is said to have snapped up one of Hong Kong’s most prestigious home sites, and has set a land price record in the process.
The Shenzhen-based giant, which invests in businesses from retail to energy… Read More>>
High-end Singaporean co-working provider The Great Room is venturing into Hong Kong for the first time by leasing a full floor in Swire Properties One Taikoo Place project in Quarry Bay, according to a revelation today by Swire’s head of… Read More>>
