Asia Pacific data centres lead Mingtiandi’s look at real estate news from around the region today as a US private equity firm is said to be putting BDx on the market. Quebec also makes the headlines as it searches for… Read More>>
Emperor Sells Pair of Luxury Villas on Hong Kong’s Shouson Hill at 44% Off
A pair of villas in Hong Kong Island’s Deep Water Bay have sold for about 44 percent below the 2022 price for homes in the luxury project as buyers continue to scoop up bargains in the city’s high-end housing market.
Emperor International Selling Wan Chai Office Block to OCBC for 27% Off 2013 Price
Hong Kong’s Emperor International is selling an office building in Wan Chai for about HK$428 million ($55.1 million) less than what it paid to acquire the property in 2013, as the distressed developer struggles for liquidity.
Emperor has agreed to… Read More>>
Starbucks Selling China Business to Boyu in $4B Deal and More Asia Real Estate Headlines
Cash for coffee leads today’s look at real estate news from around Asia as Starbuck says it has struck a deal to sell a majority stake in its China business to a local fund manager. Mainland excitement also makes the… Read More>>
OpenAI Eyes Korea Data Centres After Opening Seoul Office and More Asia Real Estate Headlines
Korea continues to draw investor attention as OpenAI suggests an interest in the country’s data centre market after opening an office in Seoul, with that story leading today’s real estate headlines from around the region. Also in the news, an… Read More>>
Japan Hotel REIT Posts 72% Jump in Net Income and More Asia Real Estate Headlines
The benefits of Japan’s tourism boom lead today’s collection of real estate headlines from around the region, as the country’s largest hotel REIT reports some healthy returns. Also in the news, Richard Li’s FWD Insurance will hang its name on… Read More>>
Canada’s PSP Commits Up to $522M for Aussie Shed Fund and More Asia Real Estate Headlines
Canadians investing in Australia lead today’s review of real estate headlines from around Asia Pacific, as the Public Sector Pension Investment Board signs up for an industrial venture. Also making the list today is Korea’s NPS choosing value-add fund managers… Read More>>
Emperor International Shares Dive as Hong Kong Builder Reveals $2.1B in Overdue Loans
Shares of Emperor International, the Hong Kong-listed development subsidiary of Emperor Group, tumbled 11.8 percent Monday after the company’s annual results showed overdue loans totalling HK$16.6 billion ($2.1 billion).
Emperor International made the disclosure in a filing late Friday as… Read More>>
Emperor Group Consolidates Site for 62-Home Project in Hong Kong’s Sai Ying Pun
Emperor International, the listed development subsidiary of Emperor Group, has consolidated a project in Hong Kong’s Western district with plans to build 62 new homes in the Sai Ying Pun neighbourhood.
On Wednesday, Emperor agreed to acquire the space it… Read More>>
Hong Kong’s Emperor Group Approved to Buy Sai Ying Pun Site at 12% Discount
Hong Kong’s sliding property values are providing Emperor International, the listed development subsidiary of Emperor Group, with an opportunity to consolidate a Western district project at a 12.4 percent discount to 2021 pricing, according to a government decision late last… Read More>>