Asia Pacific real estate investment news and information
Wang On Properties has announced its purchase of a site in Kowloon for a HK$1.3 billion ($180 million) residential project, following the successful launch of a boutique residential project in the New Territories last month.
Adding to its land supply… Read More>>
Knight Frank announced a pair of senior appointments to its capital markets team this week with former Colliers International brokers Willis Mak and Alfred Wong joining the company’s Hong Kong office.
The pair of veteran investment advisors were announced by… Read More>>
Sales in Hong Kong’s luxury residential market nearly tripled in the 12 months that ended 30 June, driven by wealthy locals who resumed home-buying activities and a surge of initial public offerings on the Hong Kong and Shenzhen stock exchanges.
Sun Hung Kai Properties has won approval from Hong Kong’s Town Planning Board for the construction of two towers atop West Kowloon station, clearing a key hurdle in the blue-chip developer’s quest to build what is estimated to be a… Read More>>
Embattled mainland developer China Evergrande Group is in talks to sell its largest single property asset for around $2 billion, according to sources familiar with the discussions who spoke with Mingtiandi.
Yuexiu Property, a branch of the local government of… Read More>>
The creditors of bankrupt mainland conglomerate HNA Group took another step towards collecting on bad loans to the parent of China’s Hainan Airlines this past week as an apartment in Hong Kong’s Mid-Levels was put up for sale in what… Read More>>
Hong Kong’s Grade A office market continued to struggle last month with the amount of space leased by tenants falling once again, as business confidence proves slow to return to the Asian financial hub.
July saw Hong Kong’s office market… Read More>>
Just under four years after its chairman joined a consortium that purchased one of Hong Kong’s tallest office buildings for $5.2 billion, Shimao Holdings has opened a floor in The Center as a serviced office space, according to local news… Read More>>
CK Asset Holdings, the development flagship of billionaire Li Ka-shing’s business empire, has taken a step towards replenishing its thin project pipeline after topping 15 rival bids to secure a residential plot in the New Territories for a greater-than-expected HK$716… Read More>>
Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, has reportedly changed hands for HK$980 million ($123 million) as the local tourism collapse compels smaller lodging operators to sell their assets to redevelopment-minded investors.
Multiple market… Read More>>
