In today’s roundup of regional news headlines, Hong Kong retailer Giordano plans to close six stores in the city after reporting a full-year loss, JD.com’s shares slide on fears of overstretched logistics spending, and China Evergrande’s chairman looks beyond his… Read More>>
Mapletree Logistics Trust Buys Hiroshima Warehouse and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Singapore’s Mapletree adds a Japanese warehouse facility to its logistics trust, a South Korean-led joint venture makes its own logistics purchases in middle America, and Singapore’s Metro Holdings launches a student housing… Read More>>
Blackstone Wins Approval for $1.5B India Buy and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, private equity bigfoot Blackstone secures regulatory approval for a property buying spree in India, embattled media tycoon Jimmy Lai’s company is selling a Taiwanese office building, and the removal of double stamp duty… Read More>>
Hong Kong Cuts Stamp Duty on Non-Residential Property to Revive Market
Hong Kong’s moribund commercial property market is getting a much needed lifeline. After widespread chatter about Chief Executive Carrie Lam and her council considering elimination of the seven-year-old supplementary stamp duty on commercial property, the city’s top leader made the… Read More>>
Jordan Shop Sells for 50% Off and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a retail unit in Kowloon’s Jordan area was sold for HK$19 million — 50 percent below the original asking price. In the residential realm, a villa at Henderson Land’s Beverly Hills project in… Read More>>
JP Morgan Goes Flexible in Central Office and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, JP Morgan is riding the flexible workspace trend in its Chater House office, and slashing rents in the process. And speaking of leasing costs, the city finally saw apartment rents decline last month… Read More>>
Li Ka-shing Buying Canadian HVAC Co for $2.1 Bil and More Asia Real Estate Headlines
Leading today’s news, Hong Kong’s “Superman” is flexing his financial muscle again as Cheung Kong Property agrees to buy a Canadian HVAC business for more than $2.1 billion. Also in the headlines, after the city of Beijing rolled out nearly… Read More>>
HK Housing Restrictions Said No Match for Mainland Investor Demand
Those hoping the Hong Kong government’s latest attempts to cool home prices in the world’s most expensive housing market had better not hold their breath. While there may be a decline in transactions during the remainder of the year, the… Read More>>
Trump Can’t Stop Chinese Homebuyers Love Of US And More Asia Real Estate Headlines
Today’s headlines are all about going against the grain. Despite most people being put off by a Donald Trump presidency, Chinese homebuyers don’t seem to mind one bit, while new home sales in Singapore hit a 15-month high even if… Read More>>