Another Kai Tak land sale leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that Hong Kong developer Goldin Financial beat off stiff competition to win its second plot on the former airport for HK$11.1… Read More>>
Goldin Buys Kai Tak Stake From Chairman and More Hong Kong Real Estate Headlines
Working on a short week Hong Kong’s real estate investors and operators still managed to complete a number of high profile investment and leasing deals before the Easter holiday, including major transactions in the Kai Tak area. The largest deal… Read More>>
Goldin’s Pan Sutong Sells Kowloon Bay Project for HK$5B
Pan Sutong, chairman of Hong Kong’s Goldin Group, and the city’s 16th richest man, has sold a commercial site in the Kowloon Bay area for an estimated HK$5 billion ($640 million), according to an account in the Hong Kong press.
Hanison Said to Buy Kowloon Workshop and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, just a month after snapping up an industrial building in Kwai Chung, Hanison Construction has reportedly purchased another workshop on the other side of Kowloon for HK$420 million.
Also in the headlines, a… Read More>>
Blackstone, GIC Among Likely Bidders for $1.8B India Deal and More Asia Real Estate Headlines
Some of the world’s biggest real estate investors may be competing for a rare chance for a $1.8 billion stake in one of India biggest property developers, while back in China the government is setting out new rules for foreign… Read More>>
HK Property Developer Goldin Properties Loses 41% of Value in One Day
The Hong Kong-Shanghai stock connect has helped drive the Hang Seng properties index up by nearly 17 percent since it opened in November, but now the cross-border equities link has helped to bring one developer down 41 percent. In a… Read More>>