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>>
Henderson Picks Up $135M Redevelopment Site in HK’s Mid-Levels
Henderson Land Development is paying a total of HK$1.05 billion ($134.5 million) to buy out a seven-storey apartment building in the Hong Kong’s upscale Mid-Levels neighbourhood, which the property giant plans to redevelop into a 30-storey tower.
The developer controlled… Read More>>
13,000 Hopefuls Show Up to Buy 400 HK Homes and More Asia Real Estate Headlines
October may be time for the mid-autumn festival, but the heat is still on in property markets across the region as Singapore reports a rebound for commercial and residential demand and Hong Kong sees 13,000 buyers show up for a… Read More>>
Henderson Investing S$135M in CIFI Shanghai Project and More Asia Real Estate Headlines
At the top of today’s headlines, Hong Kong developer Henderson Land has again linked up with Shanghai’s CIFI Holdings on a mainland project, and home-sharing giant Airbnb is looking to double its investment in China over the next year. Also… Read More>>
Alibaba Hires CapitaLand to Manage New Shanghai HQ and More Asia Real Estate Headlines
Leading the news today, China’s biggest ecommerce group has hired Southeast Asia’s largest developer to manage its new 80,000 square metre office building in Shanghai. Also, developers in Hong Kong and mainland China continue to report record earnings in the… Read More>>
HK Giant Henderson Land Hires Andrew Fung Hau Chung as CFO
Fresh off of buying Hong Kong’s most expensive piece of land ever, Henderson Land Development is adding a senior banking executive to its leadership team by hiring Andrew Fung Hau Chung as Chief Financial Officer.
Fung will be joining the… Read More>>
Wanda Loaning Sunac $4.35 Bil for Theme Park, Hotel Buyout and More Asia Real Estate Headlines
China’s biggest real estate transaction ever seems to also include one of the biggest loans ever as Dalian Wanda is said to be providing RMB 29.6 billion in financing for Sunac to buy a portfolio of hotels and theme parks…. Read More>>
Henderson Land Teams Up with Shanghai’s CIFI for $662M in Suzhou Projects
The garden city of Suzhou is now only twenty-five minutes from Shanghai by high speed rail, and one of Hong Kong’s biggest developers, along with its mainland partner, may be hoping that the Chinese commercial centre’s sky high real estate… Read More>>
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