Henderson Land Development bought the remaining stake in a 53-year-old Kowloon apartment block that it did not already own for the reserve price of HK$1.698 billion ($216.6 million) this week, with plans to redevelop the decrepit building into a new… Read More>>
Henderson Land Buys Car Park Site in Hong Kong’s Central for $3B
Henderson Land Development has made a car park in Central district Hong Kong’s most valuable commercial property, after the top local developer agreed to pay HK$23.3 billion ($3 billion) for the site at a government land auction which closed last… Read More>>
Keppel Land Takes Control of Saigon Centre and More Asia Real Estate Headlines
At the top of the headlines today Keppel Land becomes the latest Singaporean developer to commit more cash to Vietnam, Jared Kushner’s cushy White House gig could tie up his juicy NYC property deal, and Hong Kong property developers are… Read More>>
Henderson Sells North Point Hotel to Son-in-Law for HK$1 Bil
Top Hong Kong real estate player Henderson Land Development Company has agreed to sell a hotel in the city’s North Point area to Shun Ho Property for HK$1 billion ($129 million), according to an announcement on Friday to the Hong… Read More>>
Asia Real Estate People in the News 2016-09-26
Summer is officially over but the season is not the only thing changing. A number of China’s real estate professionals have marked the beginning of autumn by taking on new roles. CBRE continues building its Greater China team, Henderson Land… Read More>>
Wanda Accused of Buying Influence in Beverly Hills Battle and More Asia Real Estate Headlines
Wang Jianlin hits the international headlines again today, with the billionaire chief of Dalian Wanda Group now being accused of cross-border influence buying as his Beverly Hills development project tries to win government approvals in Los Angeles. Also in the… Read More>>
Henderson Land Sells Golden Centre in Hong Kong for $563M
Henderson Land has agreed to sell Golden Centre in Hong Kong’s Sheung Wan district to an undisclosed buyer for HK$4.4 billion ($563 million) according to a statement by the real estate developer to the Hong Kong stock exchange.
While Henderson… Read More>>
Wanda Breaks Ground on 95-Story Chicago Tower and More Asia Real Estate Headlines
Leading today’s Asia real estate news is a deal in Chicago, as China’s richest man gets started on that city’s third tallest building, while back in the old world top-five mainland developer Country Garden goes after another megaproject in a… Read More>>
China New Home Price Growth Slows to 1.3% in June and More Asia Real Estate Headlines
China’s 2016 housing boom continued to taper off in June as growth in average home prices slowed again following purchase restrictions in the largest cities. Also, one of the mainland’s biggest developers signs up to invest $5 billion in India,… Read More>>
SilkRoad Property Partners Closes $445M Fund and More Greater China Real Estate Headlines
A Singapore-based property fund has reached a final close on its oversubscribed real estate fund, a Singapore giant hopes to back the next real estate tech unicorn, and Hong Kong’s developer pile on the incentives as the market slides. Read… Read More>>