Asia real estate and outbound investment news
Blackstone is acquiring a set of ten community retail properties in Hong Kong from Link REIT for HK$10 billion ($1.28 billion), according to an account in the city’s Ming Pao newspaper, citing sources familiar with the transaction.
The reported retail… Read More>>
The mainland parent of one of Singapore’s largest real estate developers will soon start work on its first Hong Kong housing project, after CNQC International paid HK$530 million ($67.7 million) for a Kowloon East site.
Hong Kong-listed CNQC International, which operates… Read More>>
Henderson Land Development has reportedly received a HK$7.3 billion ($930 million) offer from an undisclosed financial group for the FWD Financial Centre, a grade A office building at the western fringe of the city’s Central district, according to a source… Read More>>
Hong Kong real estate developer Hanison Construction on Wednesday announced to the Hong Kong Exchange that it has agreed to purchase a serviced apartment building in Hong Kong’s Sai Ying Pun area for HK$730 million ($93 million).
Hanison, which is… Read More>>
The sixth floor of the On Lok Yuen Building on Hong Kong’s Dex Voeux Road was purchased by a Macau investor for HK$100 million, the Land Registry announced late last month. The investor has now been identified as Chan Wai… Read More>>
Singapore’s Mapletree Investments has reportedly received a HK$9 billion ($1.15 billion) offer from mainland China-based Zhongrong Holdings Group for its Mapletree Bay Point office building in Hong Kong’s Kowloon East area, according to market sources familiar with the negotiations who… Read More>>
JLL, the world’s second largest property consultancy by revenue, announced on Thursday that it would pack up its office in the city’s traditional business centre of Admiralty and move to One Taikoo Place in Quarry Bay next year.
The Chicago-based… Read More>>
Bangalore, Singapore, and Shenzhen lead a list of top locations for high tech companies to set up shop in Asia, according to a report released this week by property consultancy Colliers International.
The trio of cities representing mainland China, Southeast… Read More>>
Hong Kong’s Mass Transit Railway system has nearly doubled in capacity over the last twenty years, helping to make developer CK Asset’s Ocean Pride project – which connects directly to the Tsuen Wan West MTR station in the New Territories… Read More>>
Offshore incorporation specialists Maples and Calder, are giving up the 53rd floor of The Center on Hong Kong’s Queen’s Road, as yet another international company flees the world-leading rents of Hong Kong’s Central district.
The law firm’s new home will… Read More>>
