Singapore residents still in shock over rising condo leases could be in line for brighter days, with a story of rent reductions leading today’s headline roundup. Also in the news, Hong Kong’s Hang Seng Bank cuts its exposure to China’s… Read More>>
Creditors Seize Cheung Kei Hong Kong HQ, Chairman’s Luxury Homes
China’s Cheung Kei Group is adding to the grand mainland investor fire sale in Hong Kong with market sources confirming that the group’s corporate headquarters in Kowloon is being repossessed by Hang Seng Bank, while two luxury residences belonging to… Read More>>
Asia Real Estate People in the News 2022-11-14
A top-level overhaul at Fosun Group’s tourism unit leads this week’s collection of personnel moves from around the region, as the struggling company works to rebuild after the pandemic punished many of its businesses and with its parent company struggling… Read More>>
China Home Prices Post Rare Decline and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s new home prices post a rare decline amid a growing boycott crisis, banking giant HSBC continues to push back against break-up pressure, and Hong Kong lender Hang Seng reports a profit plunge… Read More>>
Hang Seng Bank Rents Central Shop at 45% Discount and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hang Seng Bank prepares to rent an Adidas-vacated space in Hong Kong’s Central at a deep discount, SJM’s Angela Leong consolidates her ownership of a Macau hotel and casino, and apartment developer Greystar… Read More>>
Vanke’s 60k Sqm Qianhai Project Now 80% Leased
Qianhai is Shenzhen’s answer to Shanghai’s Free Trade Zone, and investor enthusiasm for the special economic zone is already paying dividends for China Vanke.
According to a recent story in the South China Morning Post, a new 60,000 square metre… Read More>>