For residents suffering through a New York winter, or commuting on the tube in London, Hong Kong seems glamorous — walking down the streets in skyscrapers-filled Central, partying in nightlife hotspot Lan Kwai Fong or getting a tan beside… Read More>>
Yuzhou Properties Buys Seven Mainland Projects for $591M
Chinese developer Yuzhou Properties said on Monday it would buy seven mainland projects from competitor Coastal Greenland for RMB 3.8 billion ($591 million), according to a filing to the Hong Kong stock exchange.
The portfolio, which spans more than 3.13… Read More>>
Investor Tries for $25M Profit in 7 Months on Floor in HK’s World-Wide House
A floor in Central’s World-Wide House, one block away from Hong Kong’s Exchange Square, is reported to be open to tender with an asking price of HK$800 million ($102 million). The seller bought the property in July of last year,… Read More>>
Wharf Sets New Kowloon Price Record With $1.6B HK Site Buy
Another record-breaking plot of residential land sold in Hong Kong, although this time not to a mainland developer. Hong Kong’s Lands Department announced today that local champion The Wharf won a tender for a site in Kowloon Tong, a traditional… Read More>>
Greenland Boosts Stake in $5B Pacific Park Project in NYC to 95%
A government clampdown on outbound investment has stifled many of China’s biggest buyers of overseas real estate, but Greenland Holdings is bucking the trend by going nearly all-in on its joint venture to develop part of a $5 billion New… Read More>>
Richard Li Buys Central Project From CSI for HK$2B
Richard Li’s Pacific Century Premium Developments (PCPD) has agreed to pay HK$2 billion ($256 million) to a company run by a former associate of the second-generation tycoon in return for ownership of a prime housing site in Hong Kong’s Central… Read More>>
Foxconn and Country Garden Buy Pair of GZ Sites for $605M to Build Tech Town
The company best known for making your iPhone has partnered with China’s top developer, Country Garden Holdings, to win two plots of land for RMB 3.9 billion ($605 million) in Guangzhou, a first-tier city in southeast China.
Foxconn Technology Group,… Read More>>
Developer Headed by George W Bush’s Brother Buys Singapore Site for $632M
A Singapore-listed developer headed by a brother of former US president George W Bush has scooped up a residential site for S$840.9 million ($632.5 million), amid a surge of collective sales in the southeast Asian city-state.
The site, Park West… Read More>>
Kr Space Raises $92M for China Co-Working Expansion
Chinese co-working startup Kr Space has completed a new RMB 600 million ($92 million) financing round to accelerate its expansion in China’s top-tier cities, bringing its total funds raised to RMB 1.1 billion ($170 million), the company announced.
The capital… Read More>>
Andrew Slevin Takes Charge as CEO of Global Valuation Firm John Foord
Seasoned valuer Andrew Slevin has taken the reins as Chief Executive Officer of John Foord, a global valuation and appraisal practice, based in Singapore. In the newly created role, Slevin will be responsible for managing John Foord’s business across all… Read More>>
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