Nearly a dozen mainland and Hong Kong developers have placed bids on a waterfront residential site that could be worth up to HK$22 billion ($2.82 billion) in Hong Kong’s Cheung Sha Wan area, following Sun Hung Kai’s purchase of an… Read More>>
Hong Kong’s IFC Sets New Global Office Rental High at Over $25 Per Square Foot
Two units on a high floor of Hong Kong’s Two ifc skyscraper have been leased out for HK$200 ($25.63) per square foot per month, setting a post-2008 record high for the world’s most expensive office leasing market.
The units covering… Read More>>
Warburg Pincus-Backed VN Mall Developer Raises $740M on HCMC Exchange
While Vietnam has been gaining popularity as a vacation destination in recent years, the Southeast Asian nation may soon be greeting an influx of hopeful property investors after a Warburg Pincus-backed mall developer celebrated the country’s biggest ever public listing… Read More>>
New World Keeps Shanghai Complex in the Family with $278M Sale
It’s been a long time since bargains were available in Shanghai’s property market, but a director of Hong Kong-listed New World Development just picked up a mixed-use project in the city’s Zhongshan Park area at an attractive price.
The property… Read More>>
Evergrande Raises $9.05B in Run-Up to Mainland Listing
China’s famously indebted developer now appears to be among the most sought after by investors, after China Evergrande Group attracted RMB 60 billion ($9.05 billion) in investment in the run-up to its long-awaited mainland listing.
Ranked as China’s largest developer… Read More>>
State-Owned Shanghai Giant Teams Up with Toll Bros on $323M NYC Condo Project
The Shanghai government-owned firm best known for developing China’s tallest building is partnering with US luxury home builder Toll Brothers on a $323 million, 19-storey condo project in lower Manhattan.
NYSE-listed Toll Brothers announced last week that its urban development… Read More>>
Richard Li’s Pacific Century Poised to Take Over $7.8B North London Project
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>>
Logos Locks in BlackRock Veteran Tom Lee as New CEO
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>>
Swire and HKRI Hold Grand Opening for Shanghai Mega-Project HKRI Taikoo Hui
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>>
Li Ka-shing Sets New HK Record with $5.15B Sale of The Center to Mainland-Backed Group
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>>
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