Asia real estate and outbound investment news
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>>
Most observers agree that Hong Kong chief executive CY Leung did nothing illegal in extracting a $6.5 million payment for his part in the $124 million 2011 sale of DTZ to UGL.
However, as more details emerge about the timing… Read More>>
After two Russians scaled the Shanghai Tower to film themselves dangling from the world’s second-tallest building, it seems to have started a new fad of climbing office towers just to show the world how tiny it looks from way,… Read More>>
Dennis Lau and Ng Chun Man Architecture & Engineers Limited today announced that Alexander Lush and Christine Kwan, in recognition of their service to the company’s clients, have been promote to become directors of the company’s Hong Kong office.
Both… Read More>>
The cost of living in China’s major cities is now higher than in Hong Kong or Singapore, according to a survey of expatriate cost of living published this week by a global human resources consultancy.
The survey by ECA International… Read More>>
Rising prices, worsening pollution, and the spread of economic development are changing the quality of life in China’s cities, and according to a newly released report, Zhuhai has now pushed aside Hong Kong as the country’s most livable city.
The… Read More>>
Following a record year in 2013, transaction volumes in Asia Pacific’s commercial real estate markets slid 15 percent year-on-year during the first quarter of 2014, with the value of investment deals in China dropping 18 percent, according to a recent… Read More>>
Hong Kong real estate powerhouse Wharf (Holdings) hinted that more discounts could be on the way for its China projects as even the strongest property companies become troubled by the country’s home sales headwinds.
The 128-year-old Hong Kong conglomerate has… Read More>>
