The MIPIM Asia Property Leaders Summit, one of the largest real estate trade shows in the region, returns to Hong Kong next week, and Mingtiandi will be there once again to both trade ideas with industry leaders on stage, and… Read More>>
Evergrande Buys HK Office Tower from Chinese Estates for $1.61B
China’s Evergrande Real Estate set a new record for acquisition of a Hong Kong office building last week by purchasing the Mass Mutual Tower in Wanchai from Joseph Lau’s Chinese Estates for HK$12.5 billion ($1.61 billion).
The sale of the… Read More>>
China Life Buys Kowloon Office Tower From Wheelock for $755M
Mainland insurer China Life Insurance set a new record for purchase of a commercial property in Hong Kong’s Kowloon area by purchasing two buildings currently under development at Wheelock and Company’s One Harbourgate complex for HK$5.86 billion ($755 million).
The… Read More>>
Taiwan’s Shin Kong in £140M London Deal and More China Real Estate Headlines 2015-11-12
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Taiwan’s Shin Kong Insurance in £140m London Acquisition
Taiwanese life insurance giant Shin Kong Life is to make its maiden acquisition… Read More>>
Mainland Developers Bought $4.2B in HK Sites and More China Real Estate Headlines 2015-11-04
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Mainland Developers Bought $4.2 Bil in HK Sites in Last Two Years
The rapid expansion of Chinese mainland developers who splashed… Read More>>
Hong Kong and London Lead List of World’s Biggest Housing Bubbles
Surfing twin waves of credit from the US and China that have driven prices up by 60 percent in the last eight years, Hong Kong has become one of the world’s most unaffordable places to buy a home. Now UBS… Read More>>
Hong Kong’s Link REIT Sells Off 5 Malls for HK$1.7B
Link Asset Management Ltd, which manages Hong Kong’s Link REIT announced today that the real estate investment trust has sold off five of its retail properties for a total of HK$1.7 billion ($219 million).
The five shopping malls, all in… Read More>>
Hong Kong Has World’s Highest Office Rents and More China Real Estate Headlines 2015-10-15
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Hong Kong World’s Priciest Place for Prime Offices
Land-scarce Hong Kong is the most expensive city in the world to rent… Read More>>
Did Jack Ma Just Spend $193M on a Hong Kong Home?
Alibaba’s Jack Ma may be the hero of Hangzhou, but following his company’s $25 billion IPO last year, the Chinese tech giant appears to have picked up a pied-a-terre in Hong Kong.
Ma is reported by the South China Morning… Read More>>
China Vanke Buys Third HK Site for $490 Million
China’s second-largest developer by sales continued to expand its holdings outside the mainland this month as Shenzhen-based Vanke agreed to pay HK$3.8 billion ($490.12 million) for a residential site in Hong Kong’s New Territories.
Vanke, which is led by billionaire… Read More>>