Hong Kong investors Chow Tai Fook and Far East Consortium fail in their first attempt to buy out a Brisbane casino, with that story leading today’s headline roundup. In other news, SGX-listed Lendlease Global Commercial REIT announces a leadership change… Read More>>
Chow Tai Fook, FEC Cancel Sales of Aussie Condos and More Asia Real Estate Headlines
Hong Kong’s Chow Tai Fook Enterprises and Far East Consortium cancel hundreds of sales contracts at their Queen’s Wharf Tower in Brisbane, with that story leading today’s headline roundup. Also in the news, UBS halts certain loans to the Cheng… Read More>>
Gloom Deepens for Hong Kong’s Cheng Family as Aussie Casino Operator Runs Low on Cash
An Australian casino operator backed by the Cheng family controlling Hong Kong’s New World Development revealed Wednesday that its available cash fell 47 percent in the three months to 31 December, throwing doubt on its future as the company faces… Read More>>
India’s Adani Hit with US SEC Summons and More Asia Real Estate Headlines
The US securities regulator issues a summons for Asia’s second-richest man as bribery allegations swirl, with that story leading today’s headline roundup. Also in the news, Hong Kong builder Far East Consortium warns of a six-month loss and Korean giant… Read More>>
Hong Kong Home Price Decline Accelerated in July and More Asia Real Estate Headlines
Hong Kong’s housing market woes lead this edition of Mingtiandi’s headline roundup, as private home prices fall for a third straight month and at a quickened pace. In other news, China Resources Land reports a steep profit drop and Malaysia’s… Read More>>
NWD Sells Hong Kong Homes at Eight-Year Low Price and More Asia Real Estate Headlines
New World Development and Far East Consortium are marketing a residential project at the lowest prices in eight years, with that story leading Mingtiandi’s headline roundup today. Also making the list, Malaysia’s Johor has attracted more than 50 data centres… Read More>>
Far East Consortium Bucks Trend With 31% Profit Rise and More Asia Real Estate Headlines
Far East Consortium leads today’s headline roundup as the Hong Kong developer outshines its peers with a hefty profit increase. Also making the list, Joseph Lau’s Chinese Estates eyes exits from key London assets and Japan’s NTT preps a domestic… Read More>>
Hong Kong Tycoons Marketing London West End Office Block for $172M
A private investment vehicle backed by some of Hong Kong’s biggest property tycoons has slashed the asking price for a prime office building in London’s prestigious St James’ district, after the property’s value fell as much as 18.5 percent from… Read More>>
Far East Consortium Selling Pair of UK Projects and More Asia Real Estate Headlines
Hong Kong developers selling assets leads Mingtiandi’s headline roundup today with Far East Consortium parting with a pair of projects from its northern England holdings. South Korea makes the list with government moves to avert a real estate debt crisis… Read More>>
TPG AG Teams with FEC, Atelier to Buy Frasers Singapore Apartments for $127M
TPG Angelo Gordon is teaming up with Hong Kong’s Far East Consortium and Atelier Capital Partners to acquire a hospitality asset near Singapore’s Changi airport from Frasers Property for S$170 million ($127 million), according to market sources.
The partners on… Read More>>
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