Asia Pacific real estate investment news and information
Hongkong Land said its attributable loss more than doubled to $1.39 billion in 2024, as falling rents and lower valuations continued to dog the developer’s hometown office portfolio based in prime Central district.
The Jardine Matheson-controlled developer’s full-year loss widened… Read More>>
Singapore’s Mapletree Investments has won a warehouse site near Hong Kong’s Kwai Chung Container Terminals at a price 57 percent below what a nearby site sold for in 2022, as declining port activity undermines logistics demand in the Asian commercial… Read More>>
Hongkong Land announced Tuesday that global law firm Holman Fenwick Willan has taken up two floors at one of the developer’s buildings in Central, as the premier office district shows signs of rebounding after a multi-year struggle.
London-based HFW relocated… Read More>>
With Hong Kong’s office market continuing to shrink due to falling demand from tenants, a TPG Angelo Gordon joint venture is marketing a pair of Kowloon East office floors for 32 percent below their 2018 acquisition price.
A tie-up between… Read More>>
Sun Hung Kai Properties has won a site near Hong Kong’s international airport at the lowest price in more than a decade, after the Hong Kong government conducted a second tender of the residential plot.
Hong Kong’s largest builder by… Read More>>
This year, investors in the Asia Pacific market are preparing for lower interest rates following an extended period of inflation that kept many on the sidelines. Expectations of further rate cuts and narrowing pricing and valuation gaps will likely drive… Read More>>
Hong Kong’s sliding property values are providing Emperor International, the listed development subsidiary of Emperor Group, with an opportunity to consolidate a Western district project at a 12.4 percent discount to 2021 pricing, according to a government decision late last… Read More>>
Swire Properties warned of a likely attributable loss of HK$800 million ($102.7 million) for 2024, reversing a year-earlier profit of HK$2.6 billion, with the Hong Kong-based builder blaming the deficit on markdowns to its investment property portfolio.
The real estate… Read More>>
A firm controlled by the Lun family behind real estate investor Winland Group has agreed to sell an 800-room hotel to Hong Kong’s airport authority for HK$765 million ($98.2 million), as acquisitions by governmental bodies and non-profits continue to sustain… Read More>>
Hong Kong real estate group CSI Properties is reinforcing its balance sheet amid a slumping local market with HK$2 billion ($260 million) in fresh fundraising, including HK$758 million in new equity capital from fund manager Gaw Capital Partners.
CSI will… Read More>>
