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Michael Wong Wai-lun

Hong Kong Kicks Off Tender for Central Waterfront Site

2020/12/20 by Michael Cole Leave a Comment

The government of Hong Kong has officially begun marketing a slice of Central district’s waterfront to developers, but a depressed property market has dampened expectations for the trophy land sale.

The city’s Lands Department announced on Friday that it had… Read More>>

Alnwick Chan

Knight Frank Names Paul Hart, Alnwick Chan as Managing Directors in HK

2020/12/15 by Christopher Caillavet Leave a Comment

Knight Frank has announced new titles for two stalwarts of the agency’s Greater China office in Hong Kong.

Alnwick Chan has been rechristened as managing director for professional services and Paul Hart is now managing director for commercial markets, the… Read More>>

Makati Tower Sells for $128M in Manila and More Asia Real Estate Headlines

2020/12/15 by Pimfha Chandhapradit Leave a Comment

The year’s biggest commercial property deal in the Philippines leads this edition of our regional news roundup, which also features Korean investors snapping up a Dutch logistics centre after a drone-enabled inspection and a bankrupt Indian “shadow lender” attracting… Read More>>

Victor Cha

HKRI Buys Kowloon Redevelopment Project for HK$310M

2020/12/11 by Michael Cole Leave a Comment

A 16-storey industrial building in Kowloon’s To Kwa Wan area has changed hands at HK$310 million ($40 million) as hopes for an end to the pandemic rekindle Hong Kong’s dormant real estate investment market.

Hong Kong Resorts International, a developer… Read More>>

Robin Khuda - AirTrunk CEO

Macquarie’s AirTrunk Opens First Asia Data Centres in Hong Kong, Singapore

2020/12/09 by Christopher Caillavet Leave a Comment

Macquarie-backed data centre operator AirTrunk announced its Asia operational debut on Wednesday as the Australian firm opened hyperscale cloud facilities in Singapore and Hong Kong.

The two projects have a combined capacity of more than 80 megawatts, and are being… Read More>>

Korea’s NPS Acquires $2B US Logistics Portfolio and More Asia Real Estate Headlines

2020/12/06 by Shiunne Bulsombut Leave a Comment

In our latest roundup of regional news headlines, Korea’s National Pension Service has added to its growing stockpile of overseas real estate assets by teaming up with a US private equity firm in the purchase of an American logistics portfolio.

… Read More>>

Kai Tak waterfront

China Overseas Land & Investment Bags Kai Tak Plot With $551M Bid

2020/12/03 by Christopher Caillavet Leave a Comment

Mainland muscle is flexing yet again in Hong Kong’s land market, as China Overseas Land & Investment on Wednesday beat out nine rivals, including eight of the city’s top local builders, to snag a waterfront residential plot in the Kai… Read More>>

cj rokin China

JD, Carlyle Said Bidding for CJ’s China Logistics and More Asia Real Estate Headlines

2020/12/02 by Shiunne Bulsombut Leave a Comment

In today’s serving of regional news headlines, investors including one of China’s largest e-commerce operators, and a US private equity powerhouse are said to be bidding for the assets CJ Rokin’s China business, as the South Korean firm moves on… Read More>>

kwok hiu-kwan 4

Kaisa’s Kwok Family Thwarted in Bid for Control of Hong Kong Finance Firm Convoy

2020/11/28 by Michael Cole Leave a Comment

A son of the chairman of Shenzhen developer Kaisa Group Holdings failed in a bid to wrest control of troubled Hong Kong finance firm Convoy Global Holdings this past week, as a shareholders meeting was halted after just ten minutes.

… Read More>>

Hong Kong Cuts Stamp Duty on Non-Residential Property to Revive Market

2020/11/25 by Elizabeth Kerr Leave a Comment

Hong Kong’s moribund commercial property market is getting a much needed lifeline. After widespread chatter about Chief Executive Carrie Lam and her council considering elimination of the seven-year-old supplementary stamp duty on commercial property, the city’s top leader made the… Read More>>

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