Anbang Insurance’s $1.95 billion purchase of New York’s Waldorf Astoria was one of the biggest real estate stories of 2014 and today the struggles of the mainland firm’s successor to complete the project lead Mingtiandi’s headline roundup.
Hong Kong Home Prices Soon to Surpass 2019 Peak Says Cushman & Wakefield
Despite home sales seeing a 15 percent year-on-year surge in the third quarter of 2021, purchase of new housing in Hong Kong began to slow in August, according to a report from property services firm Cushman & Wakefield.
Transaction volumes… Read More>>
ESR Plans $1B Data-Logistics Centre in Japan Casino and More Asia Real Estate Headlines
Hong Kong-listed ESR is ready to help Japan take its integrated resorts to the next level as news of plans by the company to build a combined data centre and warehouse facility in a Nagasaki casino project leads today’s headline… Read More>>
DBS to Cut Global Office Footprint by 20% and More Asia Real Estate Headlines
Asia’s path out of the pandemic continues to bring a set of mixed real estate headlines as we enter May, with Hong Kong’s housing market showing signs of a resurgence as Singapore’s biggest bank announces plans to cut its office… Read More>>
Hong Kong Home Sales Hit 13-Month High in June and More Asia Real Estate Headlines
Lower home prices in Hong Kong seem to have rekindled buyer demand as figures showing a 92 percent increase in housing sales lead today’s collection of real estate headlines from around the region.
Despite the rebound in… Read More>>
Hong Kong Home Prices Take Biggest Jump in 13 Months and More Asia Real Estate Headlines
Hong Kong residents haven’t had much to cheer about this year, but the reduction in the coronavirus threat and cheaper credit was apparently enough to lure many of them into home purchases with housing prices in May rising at the… Read More>>
IWG Eyes £315m War Chest to Fund Growth and More Asia Real Estate Headlines
A flexible office provider leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the company formerly known as Regus looks to raise $389 million in a share offering.
In other news around the region, a Singapore… Read More>>
HK-Listed Builder Buys Mong Kok Residential Site for HK$330M
Hong Kong-listed developer Vantage International has agreed to acquire an apartment building in Mong Kok for HK$330 million ($42.6 million), according to a local news report yesterday.
The company, which is part of the Vantage Group alongside its Able Engineering… Read More>>
Luckin Coffee Boss Seeks to Limit Investor Exodus and More Asia Real Estate Headlines
A scandal-hit coffee company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the co-founder of a BlackRock-backed chain of skinny latte outlets may be stepping back from his other ventures to prevent… Read More>>
HK Housing Rents Sink to Lowest in 23 Months and More Asia Real Estate Headlines
Hong Kong housing leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that apartment rents in the Asia financial hub are at their lowest level since March 2018.
In other events around the region,… Read More>>
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