Asia real estate and outbound investment news
Hongkong Land, known as the biggest landlord in Hong Kong’s Central district, has posted half-year underlying profits of $466 million, a two percent increase on the same period last year, according to a stock exchange announcement.
“The solid performance from… Read More>>
In this week’s edition of People in the News, the chief executive officer of the Indian arm of Emaar Properties hands in his resignation after thirteen months, citing personal reasons.
In other fresh moves around the region, a fund manager… Read More>>
The buyer of Dalian Wanda’s Australian projects may be watching their development from a distance after Huang Xiangmo, a Chinese billionaire who became one of Australia’s biggest political donors had his citizenship application rejected and his residency permit revoked down… Read More>>
Central’s biggest landlord is suing China’s biggest financial train-wreck for unpaid fees from an eight-floor office that was never occupied, according to a report in the South China Morning Post.
A unit of Hongkong Land is suing HNA Group after… Read More>>
At the top of today’s news, the owner of most of the prime sites in Hong Kong’s priciest district remains confident that Central is still a good location, while down in Singapore, home prices continued to slow in September and… Read More>>
Hongkong Land, known for being the biggest landlord in Hong Kong’s Central district, on August 10th bought a new residential site in Nanjing’s Jiangbei District for RMB 4.49 billion ($652 million), as the Hong Kong developer continues to take on… Read More>>
One of South Korea’s biggest conglomerates leads the news again today, as Lotte Group struggles to overcome geopolitical issues that have plagued its mainland business. Also in the headlines, two of Hong Kong’s biggest developers saw profits plunge in the… Read More>>
HNA Group is reportedly shedding nearly half of its office footprint in Hong Kong’s Three Exchange Square, just 15 months after the troubled Chinese conglomerate leased eight floors in the downtown tower.
The mainland firm is said to be seeking… Read More>>
Leading today’s Hong Kong real estate news, recently crowned CK Asset boss Victor Li is in the news again, as the developer denies reports of an impending sale of one of its most valuable office assets.
Also in the headlines,… Read More>>
The world’s priciest office market is driven by two types of demand — from cost-conscious multinationals, and from monied mainland firms, according to Neil Anderson, Head of Office Space at Hongkong Land, whose company owns Jardine House and the Exchange… Read More>>
