Asia real estate and outbound investment news
A 16-storey industrial building in Kowloon’s To Kwa Wan area has changed hands at HK$310 million ($40 million) as hopes for an end to the pandemic rekindle Hong Kong’s dormant real estate investment market.
Hong Kong Resorts International, a developer… Read More>>
In this week’s edition of People in the News, a boardroom succession takes shape at Hong Kong multinational HKRI, the third generation at New World Development gains a seat on the HSBC board, and WeWork in Singapore announces a pair… Read More>>
Tycoon Payson Cha is reported to have passed away at age 77 due to a recurrence of pancreatic cancer, according to an account in Hong Kong’s Sing Tao daily.
Cha, who chaired developers Hong Kong Resorts International (HKRI) and Hanison… Read More>>
Analysts are voicing growing uncertainty over the outlook for Hong Kong real estate, but a developer controlled by one of the city’s wealthiest families is confident enough in the market that it has just agreed to spend nearly $100 million… Read More>>
CM Capital Corp, the US-based family office of Hong Kong’s billionaire Cha clan has purchased a $117.5 million office building in downtown Palo Alto, California from a local joint venture, paying one of the highest prices per square foot for… Read More>>
Leading today’s roundup, Philippine President Rodgrigo Duterte has opened the gates for offshore gambling operations and the result has been a Chinese-fuelled run on Manila property. And with casinos already firmly established in Singapore, the city-state’s residents are now continuing… Read More>>
Tycoon Payson Cha’s Hanison Construction Holdings has picked up a block of serviced apartments in Hong Kong’s Sheung Wan neighbourhood for HK$506 million ($64.7 million), according to a report in the Hong Kong Economic Times. The purchase of the building just… Read More>>
Site sales dominate the headlines in today’s Hong Kong real estate roundup, with Swire Properties agreeing to pay billions of Hong Kong dollars to win a series of sites in Wanchai, where the top developer plans to build a residential-led… Read More>>
Hong Kong’s real estate market is now the biggest in the world, so the Asian financial hub now gets its own round-up of real estate headlines on Monday, Wednesday and Friday right here on Mingtiandi. Read on for all the… Read More>>
Hong Kong developers Swire and HKRI held the official opening party today for their 322,000 square metre (3.46 million square foot) office, hotel, residential and retail mega-project on Shanghai’s West Nanjing Road.
The pair of real estate giants pulled in… Read More>>
