Asia real estate and outbound investment news
Sino Group is expanding its Hong Kong Island commercial portfolio with the recent launch of leasing for a Grade A office project in the emerging commercial hub of Wong Chuk Hang, according to a statement.
Landmark South, a 256,957 square… Read More>>
Hong Kong-listed Hysan Development and privately held Empire Group have agreed to acquire respective 25 percent stakes in a Henderson Land residential project in Kowloon’s To Kwa Wan area for a combined HK$6.1 billion ($780 million) in capital commitments, according… Read More>>
In today’s roundup of regional news headlines, Singapore-listed Ascendas India Trust picks up a commercial tower in India’s Navi Mumbai, Burberry joins other high-fashion brands in exiting a prestigious Hong Kong shopping strip, and Chinese banks are under pressure from… Read More>>
Hong Kong’s MTR Corporation has awarded the rights for the fifth phase of property development at Wong Chuk Hang metro station to a consortium of four local developers, reportedly for a lower premium than was paid in the fourth-phase tender.
Despite tales of retail woe from around the region, an announcement of the impending purchase of a Beijing shopping mall leads our headline roundup today, as a Singapore-listed REIT adds to its portfolio.
Also in the news, Hong Kong recorded… Read More>>
Property dynasties lead the way in Mingtiandi’s roundup of real estate headlines today with the news that the biggest four Hong Kong tycoons have passed on empires worth a combined $109 billion, while the Chinese government has taken another step… Read More>>
Hong Kong’s Lands Department on Tuesday announced that a consortium of six developers had won the third-largest residential plot on what had been the runway of Hong Kong’s former Kai Tak airport for a record HK$12.6 billion ($1.6 billion).
The… Read More>>
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>>
Leading today’s Hong Kong real estate news, Li Ka-shing’s CK Asset Holdings achieved record-high sales for the industry last year by moving HK$53 billion in flats. Also in the headlines, mainland developers have changed their land-buying tactics in the city… Read More>>
Leading today’s Hong Kong real estate news, former Sung Hung Kai chairman Walter Kwok has put down HK$6 billion to redevelop a 50-year-old clubhouse, and a project headed by a former sidekick of Richard Li has started selling off office… Read More>>
