In today’s roundup of news headlines, HSBC prepares to let Hong Kong staff work as many as four days a week from home, giant Singaporean developer CapitaLand clenches green loans to finance tech parks in India, and an SL Green-led… Read More>>
Home on Hong Kong’s Peak Sells at $4.5M Loss
A house on tony Barker Road in Hong Kong’s luxury district on The Peak has sold for HK$530 million ($68.4 million), representing a loss of HK$35 million, the Hong Kong Economic Times reported, as luxury prices in the SAR are… Read More>>
CapitaLand to Triple China New Economy Assets and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, giant Singapore developer CapitaLand plans stepped-up investment in properties serving China’s fast growing tech sector, e-commerce behemoth Amazon eyes a 30 percent stake in a Korean peer, and Airbnb takes a major… Read More>>
Swire Tower Sale Leads Upswing in Hong Kong Commercial Deals
Hong Kong’s battered investment sector is showing signs of life as a recent series of transactions, headlined by Swire Properties’ sale of a Taikoo office tower to Gaw Capital Partners and Schroders Pamfleet, hint at growing investor confidence.
With good… Read More>>
Evergrande $3B Services IPO Approved and More Asia Real Estate Headlines
In the week’s final roundup of regional news headlines, one of China’s most indebted developers had taken another step toward securing some fresh cash as China Evergrande wins approval for its $3 billion Hong Kong property management IPO. Also in… Read More>>
Abandoned WeWork Kowloon Location to Open as New IWG Centre
Hong Kong’s prime business districts continue to welcome expansion by the world’s largest full-service flexible workspace provider, as IWG is set to scoop up more spoils from the near collapse of former co-working giant WeWork.
The Switzerland-based office operator will… Read More>>
Gaw Capital, Schroder Pamfleet Lead HK$9.8B Buy of Swire’s CityPlaza One
An investment consortium led by fund managers Gaw Capital Partners and Schroders Pamfleet have agreed to buy the CityPlaza One office building in Hong Kong from Swire Properties, braving declining office leasing activity to make the city’s largest acquisition of… Read More>>
Li & Fung Retail Unit Sells Hong Kong Circle K Stores for $360M
After resetting itself as a private corporation last year, Hong Kong trading firm Li & Fung’s restructuring continues, this time with the sale of its Hong Kong and Macau Circle K stores to Quebec-based convenience store operator and brand owner… Read More>>
CIFI, Wang On Announce HK$2.6B Development JV on Hong Kong Island
Two years after launching a residential joint venture in Kowloon East, Hong Kong’s Wang On Properties and Shanghai-based developer CIFI Holdings are teaming up again with a plan to build homes on Hong Kong Island.
The pair of Hong Kong-listed… Read More>>
Hong Kong Court Paves Way for Sale of Goldin’s Kowloon East HQ
Mainland tycoon Pan Sutong has lost his battle for control of his Kowloon East headquarters, as Hong Kong’s High Court today ruled in favour of creditors which had seized the property in July.
The court confirmed that Smart Edge Ltd,… Read More>>
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