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Little-Known Player Outbids Wheelock, Vanke to Win Kowloon Site for HK$467M

2020/04/29 by Stephanie Li Leave a Comment

Local Hong Kong developer Capital Group Development Limited has won a residential site in Mong Kok for HK$467 million ($60 million), according to an announcement yesterday by the Lands Department.

The privately held firm, which was previously best known for… Read More>>

HK Hotels Closing as Over 90% Run Losses and More Asia Real Estate Headlines   

2020/04/28 by James Hatton Leave a Comment

Hong Kong’s troubled hospitality sector leads the way in Mingtiandi’s roundup of Asia real estate headlines today as falling occupancy forces the closure of many of the Asian financial hub’s struggling hotels.

In other news around the region, the bondholders… Read More>>

wework hustle

Neumann to Sue Softbank Over WeWork Share Deal and More Asia Real Estate Headlines

2020/04/22 by James Hatton Leave a Comment

A cancelled share sale leads Mingtiandi’s roundup of Asia real estate headlines today with the news that WeWork’s former boss is poised to sue Softbank for cutting the strings on his golden parachute.

In other news around the region, the… Read More>>

Causeway Bay Commercial Site Put on the Market for HK$1B in Hong Kong

2020/04/21 by James Hatton Leave a Comment

The COVID-19 crisis has made real the unimaginable in many ways, and now Hong Kong is seeing a site on the world’s most expensive shopping strip being put on the market for the first time in a decade, Mingtiandi can… Read More>>

Luckin Coffee

Luckin Coffee Scandal Derails Backer’s $2.5B Fund and More Asia Real Estate Headlines

2020/04/18 by James Hatton Leave a Comment

An accounting scandal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland private equity firm that is a major backer of the coffee chain accused of faking its sales has put… Read More>>

sylvia lau JLL

JLL Promotes Sylvia Lau to Head of Valuation and Advisory for Greater China

2020/04/13 by Michael Cole Leave a Comment

International property consultancy JLL has promoted a veteran member of its team to lead its valuations and advisory division for Greater China, according to an announcement by the US-based firm late last week.

Based in Hong Kong, Sylvia Lau officially… Read More>>

pan sutong

Goldin Agrees to Sell HK$8.9B Kai Tak Plot

2020/04/07 by James Hatton Leave a Comment

Goldin Financial has agreed to sell a once-prized residential site at Hong Kong’s former airport, after accepting an offer from an undisclosed party for the undeveloped Kai Tak plot, the company announced to the stock exchange on Tuesday.

The Hong… Read More>>

Luckin Coffee

Goldman Seizes Luckin Shares after $518M Default and More Asia Real Estate Headlines

2020/04/07 by James Hatton Leave a Comment

Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US investment bank is seizing shares in a scandal-hit coffee chain after the company’s chairman defaulted on a $518 million loan.

In… Read More>>

InterContinental Hong Kong Closing for Renovation and More Asia Real Estate Headlines

2020/04/04 by James Hatton Leave a Comment

A Kowloon hotel owned by investors led by Gaw Capital leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that it has started a two year renovation project which will kick off later this… Read More>>

HK Co-living Firms Slash Rents as Tenants Scram and More Asia Real Estate Headlines

2020/03/31 by James Hatton Leave a Comment

Communal housing leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that co-living operators in Hong Kong have been forced to slash rents as occupancy rates fall.

In other news around the region, Hong… Read More>>

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