With China’s residential market going into a centrally ordered deep freeze, there are signs that Singapore may be an unexpected beneficiary, as news headlines this week carry stories of rebound in developer stocks and growing demand for housing sites. Also… Read More>>
HK Investors Buy London Office Block for £135M and More Asia Real Estate Headlines
Brittania continues to be hot with Hong Kong property investors this year, as buyers from the former colony have purchased a second office block on toney St James Square within the past month. Also in the headlines, Mapletree has been… Read More>>
Blackstone Closes on $449M Sale of Seaworld Stake and more Asia Real Estate Headlines
Leading the news this morning, proving that there is life after China’s capital controls, the Blackstone Group has brought in nearly half of billion dollars by selling a stake in SeaWorld to a mainland buyer. Some other would-be sellers have… Read More>>
HK Home Prices Near Their Peak Says JP Morgan and More Asia Real Estate Headlines
Leading today’s news, after developers jacked up new home prices in Hong Kong by as much as 40 percent this month, analysts at JP Morgan are calling a peak to the city’s housing market. Also in the headlines, investors turned… Read More>>
HKMA Buys Stake in NYC’s Salesforce Tower from Ivanhoe for $1.2B
Hong Kong Monetary Authority, the city’s de facto central bank, has become the latest Asian investor to jump into the New York market after investing $1.15 billion to acquire a 49 percent stake in an office tower in at 1095… Read More>>