Leading today’s real estate news, US developer Hines has won a loan for an office project in northern India, while a Korean REIT buys up 20 floors of a central Seoul high rise.
Also in the headlines, Singapore’s Millennium &… Read More>>
Fosun Set to Lose 20% Cirque du Soleil Stake and More Asia Real Estate Headlines
Less than a year after Fosun saw its bet on the UK’s Thomas Cook end up in bankruptcy, the Shanghai-based investment firm is watching another bet on leisure spending head down the drain as creditors of Cirque du Soleil prepare… Read More>>
HKMA Buys 25% Stake in A$1.8B Aussie Development and More Asia Real Estate Headlines
Hong Kong leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the city’s monetary authority has bought a 25 percent stake in a commercial development in Sydney, spending $304 million overseas while protests continue… Read More>>
Tiny Flat Frenzy Goes Bust and More Hong Kong Real Estate Headlines
The era when Hong Kong residents loved buying — and living in — apartments the size of most kitchens found in ordinary US homes appears to be over. If ever there was an indicator that Hong Kong’s decade-plus run of… Read More>>
City Leaders Make Plans for Collecting Vacancy Tax and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, more details have surfaced regarding the proposed vacancy tax, as the city considers collecting the fee on occupied homes via an existing tax channel to save a few bucks.
Also in the headlines,… Read More>>
Floor in 9 Queen’s Road Central Breaks Price Record and More Hong Kong Real Estate Headlines
Record high prices make the news again today in Hong Kong, with confirmation that a floor in an office tower on Queen’s Road has sold at just under HK$60,000 per square foot.
Also in the headlines, a developer is planning… Read More>>
CK Asset to Redevelop Hung Hom Hotel as Offices and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Li Ka-shing’s CK Asset applied to turn its hotel in Hung Hom to two office buildings, in order to capitalise on the growing demand for offices in the area. Also in the headlines,… Read More>>
HKMA Holds Firm on “Spicy” Policies and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city’s de facto central bank rejected calls from lawmakers to relax mortgage policies, saying the housing market is still too hot. Also in the headlines, even Hong Kong’s securities regulator may find… Read More>>
HNA Seeks to Borrow $2B From Developers and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, cash-strapped HNA is said to be in talks with developers including Sun Hung Kai Properties for a loan of up to $2 billion. Also in the headlines, banks’ loans to property developers rose… Read More>>
Kenny Lam Joins Manulife Real Estate as Head of Asia Property Investments
Manulife Real Estate has hired a new head of Asia real estate investments, as the arm of Canada’s Manulife Financial Corp doubles down on the Asian property sector. Real estate investment veteran Kenny Lam is joining the firm’s Hong Kong… Read More>>
