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evergrande venice2

Oaktree Seizes Evergrande Jiangsu Project and More Asia Real Estate Headlines

2022/01/28 by Michael Cole Leave a Comment

Seizures of Evergrande projects lead our headline roundup again today as an FT report reveals that US-based debt investment specialist Oaktree has taken control of a second development from the troubled developer, following a story on a Hong Kong repo… Read More>>

Kenneth Chiu

Hang Lung Names Former Gaw Capital Executive Kenneth Chiu as New CFO

2021/10/13 by Mingtiandi Team Leave a Comment

Hang Lung Properties and its parent company, Hang Lung Group, this month jointly announced the appointment of Kenneth Chiu as chief financial officer-designate and executive director with both of the Hong Kong-listed corporations.

The hiring brought Chiu, formerly CFO of… Read More>>

Li Ka-shing is feeling good about SPAC

Li Ka-Shing Plans US SPAC and More Asia Real Estate Headlines

2021/02/25 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, Hong Kong tycoon Li Ka-shing sets his sights on a SPAC for raising funds, the US government closes the sale of its Shouson Hill compound after a delay, and Singapore’s Straits Trading… Read More>>

37 Shouson Hill

US-China HK Spat Puts Hang Lung in $132M Limbo and More Asia Real Estate Headlines

2021/01/29 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a Hong Kong developer feels the heat from China’s row with the US over a property sale, Singapore’s Mapletree aims to raise €500 million for its first European office fund, and the online… Read More>>

wang-wenbin foreign ministry

Chinese Govt Derails Hang Lung’s Purchase of US State Dept Site in Hong Kong

2020/12/30 by Michael Cole Leave a Comment

Just a few weeks after cancelling 2020’s biggest IPO, China’s central government has seized another opportunity to assert its authority in the business realm by blocking an agreement for the sale of a US consular property in Hong Kong.

In… Read More>>

Mapletree Atlanta Powered Shell data centre

Mapletree Industrial Trust Nabs $224M Green Loan and More Asia Real Estate Headlines

2020/12/10 by Michael Cole Leave a Comment

Asia’s green future leads today’s real estate news from around Asia, as Mapletree Industrial Trust, which has lately turned its focus to data centres, has secured a sustainability-linked credit facility.

Also making headlines is an apparent delay… Read More>>

adriel chan Hang Lung

Hang Lung Names Chan Family Scion as Vice Chair

2020/09/16 by Elizabeth Kerr 1 Comment

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>>

Ronnie Chan

Hang Lung Buys US Govt Plot in Hong Kong at 37% Off 2018 Rates

2020/09/10 by Elizabeth Kerr 1 Comment

Under a cloud of sanctions and suspended trade privileges, the US government sold a set of consular residences in Hong Kong’s southern District to Hang Lung Properties for HK$2.6 billion ($331 million), the developer said in an email to Mingtiandi… Read More>>

China Vanke

Vanke JV Buys Hong Kong Site for HK$3.7B and More Asia Real Estate Headlines

2020/07/30 by Michael Cole Leave a Comment

Mainland investors continue to expand their presence in Hong Kong this week as China Vanke teamed up with a Qingdao-based builder to snatch up a residential plot in the New Territories.

Also in the news, Morgan Stanley says the Asia… Read More>>

ronnie chan Hang Lung

Hong Kong’s Hang Lung Predict COVID-Driven Loss in 2020

2020/06/08 by Michael Cole Leave a Comment

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>>

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