Asia’s property industry is heading into the second week of January with a blizzard of job changes. Today’s roundup of people moves includes a real estate executive joining a Singapore-based realty firm, and a property investment veteran taking a new… Read More>>
China Taiping and Friends Buy HK Office Tower From Henderson for $1.3B
Henderson Land Development has signed an agreement to sell an office tower in Hong Kong’s North Point for HK$9.95 billion ($1.27 billion), to mainland-backed firm Fans Group Limited, according to media accounts. The reported deal would set a new record… Read More>>
Henderson Buys Kennedy Town Site for HK$470M and More Hong Kong Real Estate Headlines
Fresh off of selling a North Point project to China Taiping and friends for HK$9.95 billion, Henderson Land may be trying again in Hong Kong’s Kennedy Town, according to the most recent headlines. Also in the news, December may be… Read More>>
Wang On Said Buying Pokfulam Project for HK$900M and More Hong Kong Real Estate Headlines
Hong Kong’s property market continues its hot streak in the new year with Wang On and Sun Hung Kai each reportedly buying new assets during the first week of 2018. Henderson Land is also in a buying mood as it… Read More>>
Yuen Long Micro-Flats 14x Oversubscribed and More Hong Kong Real Estate Headlines
At the top of today’s Hong Kong news is a race to the residential bottom, as a new batch of micro-flats that could just about fit in your pocket is said to have attracted almost 14 times as many eager… Read More>>
The Center’s Buyers May Need To Borrow $4.7B for Deal and More Hong Kong Real Estate Headlines
At the top of today’s Hong Kong news roundup, the saga of the $5.2 billion sale of The Center has taken another twist, as the mainland-backed consortium that bought the skyscraper is reported to be seeking to borrow up to… Read More>>
Mainland Firm Buys Floor in The Center for HK$594M and More HK Real Estate Headlines
Hong Kong’s neighbors from the north continue to make a big noise in the city’s property markets this past week as mainland firms continue to buy, lease and otherwise grab hold of more bricks and mortar in the city. On… Read More>>
Local Developers Place 9 of 10 Bids for $1.3B South Hong Kong Island Site
Hong Kong developers dominated the bidding for a residential site in the city’s Wong Chuk Hang area that is expected to sell for up to HK$10 billion (US$1.28 billion).
The tender for the 600-home site adjacent to the Wong Chuk… Read More>>
Henderson Said Ready to Sell North Point Office Tower for $1.4B
Hong Kong’s Henderson Land Development is said to be fielding offers of up to HK$11 billion ($1.41 billion) for its new, 22-storey grade A office tower overlooking Victoria Harbour in North Point.
The top-five Hong Kong developer is understood to… Read More>>
10 Bidders Said to Offer Up to $479M for Kowloon Hotel Site
A waterfront hotel site in the Cheung Sha Wan area of Hong Kong’s New Kowloon may sell for as much as HK$3.74 billion ($479 million), following a competitive public tender that closed on Friday after drawing 10 bids.
The site,… Read More>>
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