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Frank Khoo CDL

Asia Real Estate People in the News 2022-12-05

2022/12/05 by Michael Cole Leave a Comment

A director change at a Singapore-listed REIT leads this week’s collection of personnel moves from around the region, as Singapore’s CDL sees the departure of its chief investment officer. There’s also a new finance boss at Hong Kong-listed Kerry Properties,… Read More>>

Victor Cha

HKRI Selling Tokyo Multi-Family Assets for $30M

2022/02/20 by Christopher Caillavet Leave a Comment

Hong Kong developer HKR International has agreed to sell two Tokyo residential buildings for JPY 3.49 billion ($30 million), adding to a string of recent property disposals by HKRI in Japan.

The properties are a seven-storey, 22-unit building called Souei… Read More>>

Victor Cha

HKRI, CITIC Pacific JV to Invest Nearly $2B in Discovery Bay Expansion

2022/01/20 by Pawara Laothamatas Leave a Comment

A joint venture between developer HKR International (HKRI) and CITIC Pacific is planning to add a nineteenth phase to their master-planned Discovery Bay project on Lantau Island by investing HK$15 billion ($1.9 billion) to build 1,400 new homes.

The plans… Read More>>

Victor Cha

HKRI Wins Suburban Shanghai Residential Site With $130M Bid

2021/12/02 by Christopher Caillavet Leave a Comment

Hong Kong Resorts International has made a successful bid of RMB 830.4 million ($130.3 million) for a residential plot in Shanghai’s southwestern suburbs, as the developer continues to seek expansion opportunities in the mainland’s Yangtze River Delta region.

HKRI’s latest… Read More>>

Victor Cha

HKRI Acquiring Residential Site in Hong Kong’s Sheung Wan Area for $47M

2021/03/17 by Christopher Caillavet Leave a Comment

Hong Kong Resorts International is taking on its second redevelopment project in the last four months after the developer of Discovery Bay agreed to acquire a site at the western edge of Central district for a combined HK$367.3 million ($47.3… Read More>>

sara queen

Asia Real Estate People in the News 2021-03-15

2021/03/15 by Michael Cole Leave a Comment

Leading today’s set of personnel changes in Asia’s real estate industry is a Singaporean investment giant that has just seen some turnover at the top of its US unit. Also in the news, the manager of Hong Kong’s Link REIT… Read More>>

Victor Cha

HKRI Buys Kowloon Redevelopment Project for HK$310M

2020/12/11 by Michael Cole Leave a Comment

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>>

Victor Cha

Asia Real Estate People in the News 2020-11-30

2020/11/30 by Christopher Caillavet Leave a Comment

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>>

payson cha

HKRI, Hanison Chairman Payson Cha Said to Pass Away at Age 77

2020/11/08 by Michael Cole Leave a Comment

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>>

Payson Cha Hanison

HKRI Buys Kowloon Luxury Residential Tower for HK$760M

2019/06/09 by Jan Kot Leave a Comment

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>>

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Asia Real Estate People in the News 2023-03-20

Grace Woo Chia-ching, executive director of CK Asset (Getty Images)

Senior changes at developers in Hong Kong and mainland China lead this week’s review of personnel changes in Asia, with … Read More>>

Asia Real Estate People in the News 2023-03-13

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The passing of a global architecture giant leads this week’s round of personnel updates on Mingtiandi, as KPF mourns the … Read More>>

LaSalle Promotes Nick Okumura to Japan CEO, Appoints Itaru Nogami to Manage Fund

Kunihiko Okumura LaSalle

LaSalle Investment Management on Wednesday announced the promotion of Kunihiko (Nick) Okumura to succeed Keith Fujii as … Read More>>

Asia Real Estate People in the News 2023-03-06

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Generational change leads this week’s set of personnel moves from Asia’s real estate community with 94-year-old tycoon … Read More>>

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