Asia Pacific real estate investment news and information
A scion of the family behind Hong Kong’s Cheung & Sons conglomerate has swooped on a 14th-floor unit at 9 Queen’s Road Central, picking up the headquarters of troubled mainland developer Jiayuan International Group for HK$95 million ($12.1 million).
Jiayuan… Read More>>
Hopewell Holdings is planning to build a residential and retail project worth up to HK$3.6 billion ($459 million) around a reputed haunted house in Hong Kong’s Wan Chai district, according to a planning application submitted this month.
Nam Koo Terrace,… Read More>>
A government tender for an industrial site in Hong Kong’s New Territories closed on Friday, with international players Goodman, Mapletree and ESR said to have submitted bids for a chance to win the rights to build a logistics facility worth… Read More>>
In today’s roundup of regional news headlines, an Alberta-based investment manager picks Singapore for its first office in Asia, Hong Kong’s CK Asset explores land purchases in the city-state, and casino operator Genting Singapore reportedly attracts takeover interest.
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A tender for a residential project in Hong Kong Island’s Western district closed on Monday having drawn nine bids for the opportunity to build housing worth HK$2.4 billion ($305.7 million) in Sai Ying Pun, according to an announcement from the… Read More>>
Wheelock Properties is taking final steps toward building a HK$20 billion ($2.5 billion) residential project in Hong Kong’s Kowloon Bay, having reportedly submitted an application to redevelop an industrial property in the area into 1,782 new homes.
The developer controlled… Read More>>
Hong Kong’s luxury residential rents saw modest signs of a rally in the second quarter as the fifth wave of COVID-19 receded and tenants from mainland China drove the city’s high-end leasing market, according to Savills.
Luxury rents on Hong… Read More>>
A high-end Hong Kong home once owned by Kaisa Group boss Mai Fan has been sold by receivers for HK$300 million ($38.2 million), chalking up a 15 percent loss, according to local media accounts.
Mai, the vice chairman and chief… Read More>>
New leasing volume in Hong Kong’s Grade A office market fell 6.7 percent year-on-year in the first half of 2022 and vacant space hit an all-time peak of 9.8 million square feet (910,450 square metres), as the fifth wave of… Read More>>
In their 18th asset sale over the last six months, the family of Hong Kong’s late “Shop King” Tang Shing Bor has sold a senior home in Kowloon City at a loss of HK$160 million ($20.3 million), according to local… Read More>>
