After working since 2007 to acquire a site in Causeway Bay, Hong Kong-listed Soundwill Holdings has asked Hong Kong’s Lands Tribunal to lower the price for acquiring the remaining space in the property, as a slowing real estate market and… Read More>>
Top Developers Hongkong Land, Swire to Debate Future of the Office at Hong Kong Forum
Office leasing leaders from two of Asia’s top commercial developers will be taking the stage at Mingtiandi’s Hong Kong Forum on 14 May, to debate the future of the office in Asia’s priciest real estate market.
Neil Anderson, director and… Read More>>
Receivers Marketing Seized Kowloon Buildings at 59% Off as Banks Lose Patience
A pair of ageing buildings in Hong Kong’s Tsim Sha Tsui area have been seized from the family of the city’s late “Shop King” Tang Shing-bor and are being offered for sale at less than half of what the clan… Read More>>
State-Backed Lujiazui Group Marketing $4.1B in Shanghai Offices as Crisis Deepens
As analysts warn of a “lost decade” in Chinese office markets, state-backed Shanghai Lujiazui Development Group Co Ltd, better known as Lujiazui Group, is scrambling to sell about 20 Shanghai office towers estimated to be valued at RMB 30 billion… Read More>>
Blackstone Buys Sydney Logistics Complex From Charter Hall for $39M
Blackstone has acquired a south Sydney industrial complex from Charter Hall for A$55.75 million ($39.4 million), according to sources familiar with the transaction, as Australia’s logistics real estate market continues to show opportunities for rising income.
Colliers and CBRE, which… Read More>>
CapitaLand Sells Shanghai Ascott Apartments to Guangzhou Investor for Reported $166M
CapitaLand Development has sold a serviced apartment property in Shanghai’s Xuhui district to a vehicle controlled by a mainland investor, as cash-rich corporate investors continue to seek discounted acquisition opportunities amid China’s property slump.
The 90-unit Ascott Heng Shan Shanghai… Read More>>
LaSalle, Invesco, Greystar Joining Mingtiandi Hong Kong Forum on 14 May
The countdown to Mingtiandi’s first in-person event of 2024 has reached the two-week mark, with more than 250 industry professionals expected to attend the Hong Kong Focus Forum at the Ritz-Carlton at the ICC on 14 May.
The forum will… Read More>>
Vantage Data Centers Marketing Hong Kong Portfolio as Security Moves Centre Stage
Just over one month after Hong Kong passed a new national security law banning unlawful acquisition, possession or disclosure of information deemed to be state secrets, one of the US’ largest data centre operators is looking to sell its facilities… Read More>>
OUE Wins Tender for Development and Lease of Changi Airport Hotel
Changi Airport has awarded a tender to OUE for the development and lease of a new hotel at the Singapore airfield’s Terminal 2.
The proposed 255-key Hotel Indigo Changi Airport is envisioned as the city-state’s first zero-energy hotel, Changi Airport… Read More>>
Hines Buys Greater Osaka Orix Shed to Expand in Japan
Hines has acquired a fully leased warehouse in Greater Osaka for an undisclosed price, with the announcement coming less than two weeks after the US developer and fund manager revealed its purchase of an office building in central Tokyo.
Hines… Read More>>
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