Hong Kong builder Sun Hung Kai Properties wins a New Territories residential site, with that successful bid leading today’s headline roundup. Also making the list, SGX-listed Keppel REIT’s distribution dips despite higher income and China Vanke’s bonds rise on restructuring… Read More>>
Hong Kong’s Hang Lung Sees Profit Fall 56% and More Asia Real Estate Headlines
Hong Kong’s Hang Lung Properties leads Mingtiandi’s headline roundup today as the developer reports a 56 percent slump in net profit. Also making the news, Singapore’s Keppel REIT posts a 3.4 percent drop in distribution per unit and state-owned Temasek… Read More>>
Singapore Developer’s Adelaide Plans Under Fire and More Asia Real Estate Headlines
Plans by Singapore developer Wee Hur to knock down a 171-year-old Adelaide hotel are the target of a local petition drive, with that story leading Mingtiandi’s real estate headlines from around the region today. A mainland developer financial failure also… 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.
Country Garden Said Cancelling Share Sale and More Asia Real Estate Headlines
A cash crunch for China’s largest home-builder leads today’s roundup of real estate headlines from around the region as Country Garden struggles with a slowing housing market. Also in the news, Hong Kong homeowners are getting motivated to sell and… Read More>>
Asia Real Estate People in the News 2023-02-20
Leading off this week’s collection of personnel moves from around Asia are new hires at CapitaLand Investment and Allianz Real Estate in Singapore, while Chinese real estate firms Aoyuan Healthy Life and Red Star Macalline announce changes to their boards…. Read More>>
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>>
Oaktree Seizes Evergrande Jiangsu Project and More Asia Real Estate Headlines
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>>
Hang Lung Names Former Gaw Capital Executive Kenneth Chiu as New CFO
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 Plans US SPAC and More Asia Real Estate Headlines
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>>
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