Asia real estate and outbound investment news
Mainland insurer China Life Insurance set a new record for purchase of a commercial property in Hong Kong’s Kowloon area by purchasing two buildings currently under development at Wheelock and Company’s One Harbourgate complex for HK$5.86 billion ($755 million).
The… Read More>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Taiwan’s Shin Kong Insurance in £140m London Acquisition
Taiwanese life insurance giant Shin Kong Life is to make its maiden acquisition… Read More>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Mainland Developers Bought $4.2 Bil in HK Sites in Last Two Years
The rapid expansion of Chinese mainland developers who splashed… Read More>>
Surfing twin waves of credit from the US and China that have driven prices up by 60 percent in the last eight years, Hong Kong has become one of the world’s most unaffordable places to buy a home. Now UBS… Read More>>
Link Asset Management Ltd, which manages Hong Kong’s Link REIT announced today that the real estate investment trust has sold off five of its retail properties for a total of HK$1.7 billion ($219 million).
The five shopping malls, all in… Read More>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Hong Kong World’s Priciest Place for Prime Offices
Land-scarce Hong Kong is the most expensive city in the world to rent… Read More>>
Alibaba’s Jack Ma may be the hero of Hangzhou, but following his company’s $25 billion IPO last year, the Chinese tech giant appears to have picked up a pied-a-terre in Hong Kong.
Ma is reported by the South China Morning… Read More>>
China’s second-largest developer by sales continued to expand its holdings outside the mainland this month as Shenzhen-based Vanke agreed to pay HK$3.8 billion ($490.12 million) for a residential site in Hong Kong’s New Territories.
Vanke, which is led by billionaire… Read More>>
Colliers International announced on Friday that it has brought over Nigel Smith from rival CBRE to become its new managing director in charge of its Hong Kong business.
The hire of Smith, who formerly managed CBRE’s office leasing services for… Read More>>
New information has come to light about the timing of a secret agreement between now-Hong Kong chief executive CY Leung and an Australian engineering firm involving its 2011 acquisition of real estate agency DTZ, which could put the embattled leader… Read More>>
