Billionaire Gautam Adani’s data centre platform leads the Mingtiandi headline roundup today with fresh financing on the order of $1.4 billion. Also making news, Swire Properties seeks $100 million for a Miami penthouse and Blackstone’s Horizon Industrial Parks announces a… Read More>>
Asia Real Estate People in the News 2024-02-05
An upgrade to the investment team at one of Singapore’s biggest institutions leads the first collection of personnel moves for February, as Keppel Ltd promotes one of its senior team members. There’s also more turnover at Canada’s CDPQ and a… Read More>>
Hang Lung’s Ronnie Chan Retiring, Son Adriel Taking Over Chairman Spot at Hong Kong Builder
The third generation is taking the helm at one of Hong Kong’s oldest and largest property developers, with Hang Lung Properties on Tuesday announcing the appointment of Adriel Chan as chairman to succeed his father, Ronnie Chan, who is retiring.
Hang Lung Approved to Build $637M Luxury Project on Former US Site in Hong Kong
Hang Lung Properties has been given the green light to build luxury homes on a former US government site on Hong Kong’s Shouson Hill, according to a recent report by the city’s Buildings Department, with analysts predicting that the… Read More>>
Hong Kong Real Estate Tycoons Dominate Forbes Top 10 in 2021
Six property multibillionaires among the richest Hong Kongers remain unfazed by pandemic headwinds, with their $142.2 billion in cumulative wealth accounting for as much as 72 percent of the total fortunes of the city’s top 10, according to Forbes’ latest… Read More>>
Hang Lung Names Chan Family Scion as Vice Chair
60 years after it was founded, the future of one of Hong Kong’s largest property developers became more apparent this month when the board of Hang Lung Properties appointed Adriel Wenbwo Chan as its new vice chair.
Chan, the son… Read More>>
Hong Kong’s Hang Lung Predict COVID-Driven Loss in 2020
One of Hong Kong’s largest property developers, together with its parent firm, is warning of a potential loss this year as a result of the COVID-19 crisis, as the pandemic takes a toll on real estate values.
Hang Lung Properties,… Read More>>
Hang Lung Plans HK$2.6B North Point Project and More Hong Kong Headlines
The world’s most expensive real estate market never stops moving and in this week’s roundup of Hong Kong stories, we bring you all the events that didn’t make its way into Mingtiandi’s breaking news coverage last week. We lead the… Read More>>
Hang Lung Outbids Alibaba to Win Hangzhou Commercial Site for RMB 10.7B
Hong Kong developer Hang Lung Group has shouldered aside Alibaba Group and four other property developers to win a commercial plot in the eastern China city of Hangzhou for RMB10.7 billion ($1.7 billion) — more than double the base price… Read More>>
Chevalier Buys 20 Houses in Shatin for HK$403M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, mid-size developer Chevalier International has bought up 20 village houses in Shatin for HK$403 million. Meanwhile in Mong Kok, Hang Lung is upgrading its pair of shopping centres in the Kowloon district in… Read More>>