The sale of a residential plot leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that nine bids were submitted for a heavily discounted site in Hong Kong’s New Territories.
In other news around… Read More>>
Ikea Shuts Down China Shops Amid Virus Fears and More Asia Real Estate Headlines
Ready-to-assemble furniture leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that the world’s largest retailer of flat-packed tables and chairs has temporarily closed all of its stores in China amid the coronavirus outbreak.
In… Read More>>
Kailong Grabs Kowloon Site for HK$448M, Readies for Tsim Sha Tsui Project
Kailong Real Estate is preparing to start work on its latest Hong Kong project after purchasing a pair of ageing buildings in the Tsim Sha Tsui district of Kowloon, according to the firm’s top executive in the city.
A joint… Read More>>
Rents Slide 15% in World’s Priciest Retail Market and More Asia Real Estate Headlines
Hong Kong’s economic hardships lead the news again today with a global property agency reporting that retail rents in the city dropped by 15 percent in the second half of 2019. Also in the headlines, one of India’s largest developers… Read More>>
Kaisa Group Buys New Territories Site for HK$3.5B to Expand HK Foothold
Kaisa Group Holdings has expanded its foothold in Hong Kong as the Shenzhen-based developer beat out 14 other bids to take home a site in the New Territories, according to an announcement by Hong Kong’s Lands Department late Monday.
The… Read More>>
AXA Wins KRW 130B Korean Commitment to Euro Sheds Fund and More Asia Real Estate Headlines
Warehouses lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a South Korean pension fund is committing $111 million to a French insurer’s $1.6 billion European logistics fund.
In other news around the… Read More>>
India’s Park Hotels Files for INR 10B IPO and More Asia Real Estate Headlines
Luxury hotels lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that an Indian hospitality group has filed paperwork for a $139 million initial public offering.
In other news around the region, a Mumbai-based… Read More>>
Hong Kong’s First Group Buys Tsuen Wan Office Site for HK$980M
Hong Kong’s once-frenzied commercial property market is flagging as months of political turbulence take a mounting toll on the city’s economy. But a pair of recent sales in the New Territories and Kowloon totaling more than HK$1 billion show that… Read More>>
South Korea’s KTB Buys Ireland’s Largest Building for €160M and More Asia Real Estate Headlines
Ireland’s largest building leads Mingtiandi’s roundup of Asia real estate headlines today with the news that a South Korean investor has purchased the supersized shed near Dublin.
In other headlines from around the region, the retail woes in Hong Kong… Read More>>
Kwok Family Buy 25% of SHK West Kowloon Project for HK$9.4B and More Asia Real Estate Headlines
Hong Kong’s richest family leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that the billionaire clan, which controls Sun Hung Kai Properties, has bought a 25 percent stake in the office portion of… Read More>>
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