Asia real estate and outbound investment news
A Hong Kong-listed property group controlled by the younger son of Li Ka-shing is poised to take charge of a £6 billion ($7.8 billion) development in North London after a local developer walked away from the UK mega-project.
Pacific Century… Read More>>
Now that logistics real estate player Logos Group has raised $2.8 billion in equity for its pan-Asian warehouse empire, the Sydney and Shanghai-based logistics developer is bringing on board a veteran real estate financier to help manage all that cash… Read More>>
Hong Kong developers Swire and HKRI held the official opening party today for their 322,000 square metre (3.46 million square foot) office, hotel, residential and retail mega-project on Shanghai’s West Nanjing Road.
The pair of real estate giants pulled in… Read More>>
Hong Kong’s richest man just sold the city’s most expensive building for HK$40.2 billion ($5.15 billion), according to an announcement today by Li Ka-shing’s CK Asset Holdings to the Hong Kong stock exchange.
CK Asset, which was formerly known as… Read More>>
A feud between a Hong Kong-listed real estate investment trust and one its biggest unit holders is ramping up, with alternative investment manager PAG demanding action by Hong Kong regulators over what it deems to be misleading statements by the… Read More>>
Hong Kong development giant Sun Hung Kai has bought a hotel site in Cheung Sha Wan for HK$5.06 billion ($648.8 million), blowing past market expectations for the waterfront parcel and setting a per square foot price record for the city’s… Read More>>
Swire Properties is said to have scored a major victory in the battle to establish a new business hub in Hong Kong as Facebook has reportedly signed up for multiple floors in the developer’s One Taikoo Place project.
The photo-sharing,… Read More>>
A waterfront hotel site in the Cheung Sha Wan area of Hong Kong’s New Kowloon may sell for as much as HK$3.74 billion ($479 million), following a competitive public tender that closed on Friday after drawing 10 bids.
The site,… Read More>>
Two mainland real estate giants announced plans for as much as RMB 8.8 billion ($1.3 billion) in asset-backed securities in the last two weeks as the mainland’s real estate investment market opens to a financing alternative to traditional bank loans.
The chairman of a Hong Kong-listed developer controlled by China’s largest privately owned investment group abruptly stepped down this week, on the same day that the executive’s former employer revealed that it had been raided by Hong Kong’s anti-graft body.
