While the mainland dreams of a shift to a service economy, Hong Kong appears happy to focus on real estate as two of the top awards for business personalities in the Asian financial hub went to leaders of real estate… Read More>>
The Link REIT Buys Shui On’s Corporate Avenue Phase One for RMB 6.6 Bil
Hong Kong’s Link REIT may be a newcomer to the mainland China property market, but it quickly made up for lost time this week by purchasing Shui On Land’s Corporate Avenue phase one for RMB 6.6 billion ($1.063 billion).
The… Read More>>
HK’s Link REIT Buys Beijing Mall for RMB2.5B
Hong Kong’s Link REIT has acquired a Beijing shopping mall for RMB2.5 billion (US$403 million) in the first mainland acquisition by Asia’s largest real estate investment trust.
Link REIT announced the deal to purchase the 74,000 square metre (800,000 square… Read More>>