In today’s roundup of regional news headlines, lived-in home prices in Hong Kong fall to their lowest since early 2019, while city-based lender Bank of East Asia sustains record-high bond losses driven by China’s housing crisis.
Hong… Read More>>
Goldman Says Hong Kong Home Prices Could Fall 30% and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, high-profile bank Goldman Sachs issues a bleak outlook for Hong Kong’s housing market, China’s E-House brokerage files for bankruptcy protection in the US, and HKEX-listed SF REIT scales back its growth ambitions.
Hong Kong Home Prices Hit 42-Month Low and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong home prices hit a fresh multi-year low, a Canadian pension fund manager opens an office in Mumbai, and China-based Dajia Insurance looks to sell a trio of US hotels.
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Greenland Group Asks for Bond Extension and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Shanghai-backed Greenland Holdings rattles markets with its proposal to delay a bond redemption by one year, while defaulting developer China Evergrande unveils its own scheme to compensate offshore debt holders.
Waldorf Astoria Condo Conversion Stalls in NYC and More Asia Real Estate Headlines
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>>