Nearly five years after paying what was then a record RMB 31.05 billion ($4.5 billion) for a development site in Shanghai’s Xuhui district, Hongkong Land has unveiled details of an $8 billion commercial project on the plot that marks the… Read More>>
Hongkong Land Reports Q3 Profit Jump on China Project Completions
Getting homes into the hands of mainland buyers helped boost Hongkong Land’s bottom line in the third quarter, with the blue chip developer reporting improved underlying profit for the period thanks to handing over housing completed at its residential and… Read More>>
Korea’s NPS Names Managers for $436M Debt Fund and More Asia Real Estate Headlines
South Korea’s biggest institutional investor appoints outside managers for a real estate debt fund, with that story leading today’s headline roundup. Also making the list, receivers sell a seized Hong Kong apartment and a Shanghai builder issues shares under a… Read More>>
Hongkong Land to Diversify Beyond Home City, Sell Assets in Pivot to Fund Manager Model
Hongkong Land has unveiled a strategy overhaul aimed at doubling its recurring profit by 2035, with the developer targeting to unlock up to $10 billion in capital by shuttering its build-to-sell residential development business and divesting assets into REITs and… Read More>>
Hongkong Land Books 1H Loss of $833M as Office Headwinds Persist
Hongkong Land booked a total half-year attributable loss of $833 million, more than doubling its shortfall from the same period last year, as markdowns on its investment properties continued to weigh on profitability.
The Jardine Matheson-controlled developer’s underlying business recorded… Read More>>
Hongkong Land Launches $1B Retail Upgrade in Central and More Asia Real Estate Headlines
Hongkong Land is turning to friends from the luxury world as it undertakes a $1 billion revamp of its Landmark retail complex in Central district, with that story leading Mingtiandi’s headline roundup today. Also in the news, Keppel Infrastructure Trust… Read More>>
Asia Real Estate People in the News 2024-05-27
India business parks are booming and new leadership CapitaLand’s large footprint office space in the country leads this week’s review of personnel moves from around the region. Also covered this week is a change in command in Kaisa Group’s property… Read More>>
Hongkong Land Says Q1 Contracted Sales Fell 36% Amid China Market Slide
Hongkong Land warned Thursday that its first-half underlying earnings would be “significantly lower” than in the year-earlier period, primarily due to deteriorating market conditions in mainland China’s residential sector.
The developer’s attributable interest in contracted sales in the first quarter… Read More>>
Hongkong Land, Swire, Lead8, Yardi Keep Faith in the Future of the Office at Hong Kong Forum
Leasing leaders from heavyweights Hongkong Land and Swire Properties came together in peace at Tuesday’s Mingtiandi Hong Kong Forum to talk about the future of the office in the global financial hub. Watch the full recording>>
With news out of… Read More>>
Top Developers Hongkong Land, Swire to Debate Future of the Office at Hong Kong Forum
Office leasing leaders from two of Asia’s top commercial developers will be taking the stage at Mingtiandi’s Hong Kong Forum on 14 May, to debate the future of the office in Asia’s priciest real estate market.
Neil Anderson, director and… Read More>>
- 1
- 2
- 3
- …
- 8
- Next Page »