Asia real estate and outbound investment news
The Canada Pension Plan Investment Board (CPPIB) is expanding its Asia logistics partnership with Australia’s Goodman by investing HK$1.94 billion ($248 million) in a Hong Kong warehouse development scheme first established by the Australian builder in 2006.
The investment will… Read More>>
Outbound investment in real estate by mainland companies has dropped by more than half this year according to analysts, but having the world’s hottest real estate market just across the border means that some developers from the middle kingdom are… Read More>>
Buyers have put HK$406 billion ($52.1 billion) into Hong Kong’s property market during the first ten months of 2017, and according to a recent survey of professional investors focused on the Asian financial hub’s real estate sector by Colliers International,… Read More>>
Hong Kong developers dominated the bidding for a residential site in the city’s Wong Chuk Hang area that is expected to sell for up to HK$10 billion (US$1.28 billion).
The tender for the 600-home site adjacent to the Wong Chuk… Read More>>
Phoenix Property Investors seized the opportunity presented by Hong Kong’s surging real estate market by announcing the sale of a pair of properties in the city this week for a combined $322 million.
The two disposals by the private equity… Read More>>
Just over a year after Kailong Real Estate Investment sold off a former hotel that it had converted into a co-working centre in Shanghai, the Warburg Pincus-backed firm is said to have bought the Kings Hotel in Hong Kong’s Wanchai… Read More>>
CLSA Capital Partners is reportedly close to selling Zing!, a retail tower in the heart of Hong Kong’s Causeway Bay shopping district, for HK$1.9 billion ($243 million) to a Macau-based consortium.
The Hong Kong-based alternative asset manager is expected to… Read More>>
The Hong Kong government has awarded a waterfront site in Cheung Sha Wan to a consortium of five Hong Kong and mainland developers for HK$17.28 billion ($2.21 billion), breaking price records for residential land in the city.
The winning consortium,… Read More>>
A high floor of Hong Kong’s Far East Finance Centre in Admiralty has sold for HK$540 million ($69 million) to what is said to be a mainland buyer. The deal, which equates to a price per square foot of HK$50,000… Read More>>
Nearly a dozen mainland and Hong Kong developers have placed bids on a waterfront residential site that could be worth up to HK$22 billion ($2.82 billion) in Hong Kong’s Cheung Sha Wan area, following Sun Hung Kai’s purchase of an… Read More>>
