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Charles Ma Greystar

Greystar Unveils First China Apartment Project in Shanghai

2020/05/20 by James Hatton Leave a Comment

Greystar Real Estate Partners has begun marketing its maiden project in China, as the US-based multi-family developer and operator notches another milestone in its Asia expansion.

Dubbed LIV’N 833, the upscale rental housing project is set to open in Shanghai… Read More>>

VIctor Li Ck Asset

CK Asset Pays HK$4.95B for HK’s First Public–Private Residential Project

2020/05/20 by Stephanie Li Leave a Comment

A property conglomerate chaired by the son of Hong Kong’s richest man, Li Ka-shing, has won a tender to develop the city’s first residential project combining private and government-subsidised homes.

The city’s Lands Department announced yesterday that it had awarded… Read More>>

stephen hawkins

Logos Secures Singapore Site After Closing S$1.2B Ivanhoe, CPPIB Fund

2020/05/19 by James Hatton Leave a Comment

Logos Group has expanded its Southeast Asia footprint with the acquisition of a redevelopment site in Singapore through a S$1.2 billion ($850 million) fund set up with a pair of long-term institutional partners.

The Sydney-based developer and fund manager made… Read More>>

Shenzhen’s Realord Makes HK$500M Offer for Hong Kong’s Sincere Department Stores

2020/05/19 by Stephanie Li Leave a Comment

Mainland electronics conglomerate Realord Group Holdings has made a voluntary conditional cash offer to buy out Hong Kong’s Sincere Group in a deal that values the city’s oldest Chinese-owned department store group at HK$500 million ($65 million), according to a… Read More>>

henry cheng chow tai fook

Chow Tai Fook, FEC Secure Financing for A$3.6B Brisbane Casino

2020/05/18 by James Hatton Leave a Comment

An A$3.6 billion ($2.3 billion) Brisbane casino resort backed by a pair of Hong Kong heavyweights has secured financing that allows the controversial development to press ahead despite opposition from preservationists and design groups.

Australian gambling and entertainment company Star… Read More>>

RImon Ambarchi

CBRE Leads Brokerage Wins with Deutsche Shed Deal as Asia Recovers Mingtiandi Broker Battle

2020/05/18 by James Hatton Leave a Comment

Asia’s real estate markets have reawakened in May with the world’s largest brokerages handling a string of investment and leasing transactions in Hong Kong, mainland China and Singapore after deals came to a near halt during April, according to data… Read More>>

victor li ck asset

Li Ka-shing’s CK Asset Sounds Profit Alarm as COVID-19 Crimps Business

2020/05/17 by James Hatton Leave a Comment

The property conglomerate chaired by the son of Hong Kong’s richest man has warned shareholders to expect a fall in profits for the first half of the year, marking the first time the company has issued a profit warning since… Read More>>

Billionaire Developer Targets HK$700M Forced Sale in Western HK

2020/05/17 by Stephanie Li Leave a Comment

One of Hong Kong’s wealthiest men has moved a step closer to developing a residential complex in the city’s Sai Ying Pun district after successfully applying for a compulsory sale of the remaining units in a 61-year-old walk-up near the… Read More>>

Thomas Lam

Hong Kong Government Cancels Kai Tak Land Sale as Bids Disappoint

2020/05/14 by James Hatton Leave a Comment

The Hong Kong government has scrapped the sale of the second-largest commercial site at Kai Tak, marking the latest blow to its plans for redeveloping the former airport site.

The city’s Lands Department said that it had cancelled the tender… Read More>>

Peninsula HK 86% Empty as Hong Kong and Shanghai Hotels Faces Global Crisis

2020/05/14 by James Hatton 2 Comments

Occupancy at Hong Kong’s famed Peninsula hotel plunged to 14 percent in the first three months of the year, as the owner of the 300-room luxury hotel – Hongkong and Shanghai Hotels – suffered from what chairman Sir Michael Kadoorie… Read More>>

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