Hong Kong’s New World Development and Far East Consortium (FEC) have teamed up with Singapore’s SC Global Developments to win a luxury residential site near Singapore’s prime shopping area Orchard Road, after placing a record S$410 million ($309 million) bid… Read More>>
MTR’s Yau Tong Site Lures SHK, Wheelock and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the MTR Corporation’s tender for a residential site in Yau Tong, at the southeastern end of Kowloon ended at 2 pm on Friday with developers including Wheelock, Henderson Land Development and Albert Yeung’s… Read More>>
Asia Real Estate People in the News 2018-04-30
Leading today’s people moves, a top executive at CPPIB upgrades her title at the global investment giant with a significant Asian real estate portfolio. A plethora of agency pros are updating their name cards, with a CBRE exec in India… Read More>>
New World, FEC and SC Global in Record $309M Singapore Site Bid
Hong Kong developers New World Development and Far East Consortium have teamed up with their Singapore counterpart SC Global Developments to lodge a record S$410 million ($309 million) bid for a residential site near the city-state’s Orchard Road, according to an… Read More>>
Vanke Says Baoneng Unit to Divest 10% Stake and More Asia Real Estate Headlines
One of China’s most watched corporate soap operas seems to have finally reached the series finale as a unit of one-time corporate raider Baoneng is said to be selling its 10.3 percent stake in China Vanke. The report appears to… Read More>>
FE Consortium Building Floor Sells for Record Price and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a locally listed firm bought a floor in Central’s Far East Consortium Building for HK$20,000 ($2,548) per square foot, breaking the building’s record, and helping the former owner to turn a profit of… Read More>>
Korea IM Buys Brussels Office Complex for $454M and More Asia Real Estate Headlines
Leading today’s roundup, a Korean asset management firm is putting a diplomatic spin on outbound investment by picking up a pair of buildings in Belgium housing the country’s foreign ministry. Also in the news, Singapore’s collective sale fever rages on… Read More>>
Sun Hung Kai Rolls Out Facial Recognition in New Mall and More Hong Kong Real Estate Headlines
Hong Kong’s real estate market is now the biggest in the world, so the Asian financial hub now gets its own round-up of real estate headlines on Monday, Wednesday and Friday right here on Mingtiandi. Read on for all the… Read More>>
Malaysian Fund Sells Sydney Asset to HK Investor for A$340M and More Asia Real Estate Headlines
Leading the news after a long weekend is a record-setting Sydney purchase by an unnamed Hong Kong family office, while Goldman wins some big new business in Korea. Also in the headlines, China’s biggest construction firm may be getting a… Read More>>
Far East Consortium Selling Kowloon Hotel to Nanjing Developer for HK$450M
A hotel subsidiary of Hong Kong’s Far East Consortium has agreed to sell a hotel in Hong Kong’s Mongkok area to a Nanjing-based developer for HK$450 million ($58 million) in the latest acquisition by Chinese real estate developers in the… Read More>>