Shopee parent Sea Ltd appears to be giving up its struggle to find a replacement tenant to take over its 10-year lease in a CapitaLand business park as it scales back its office space, with that story leading Mingtiandi’s headline… Read More>>
Hysan Previews $115M Loss as Investment Markdowns Continue
Hong Kong’s Hysan Development warned of a 2023 attributable loss on the order of HK$900 million ($115 million) in an update issued without fanfare on Chinese New Year’s Eve.
The expected loss marks a narrowing of the HK$1.16 billion shortfall… Read More>>
Equinix Adding Fourth Mumbai Data Centre and More Asia Real Estate Headlines
One of the largest data centre operators in the US is expanding its India footprint with the news of Equinix’ latest Mumbai location leading today’s roundup of headlines. Also in the news, Hong Kong’s Hysan keeps profits steady despite some… Read More>>
Hong Kong Home Prices Reach 63-Month Low and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong home prices tumble to a fresh multi-year low, and Hysan Development plans an upgrade of its flagship Lee Garden portfolio in Causeway Bay.
Hong Kong Home Prices Fell… Read More>>
Hysan, Chinachem Add Cultural Space to Causeway Bay Commercial Project
Hysan Development and its partner Chinachem Group are turning to culture to boost the value of a HK$28 billion ($3.5 billion) commercial project they are developing in Hong Kong’s Causeway Bay area, according to a planning application submitted by the… Read More>>
Hysan Closes In on $958M Causeway Bay Project
Hong Kong’s Hysan Development earlier this month took a step towards adding another project to its Causeway Bay kingdom with the reported purchase of a unit in an aging building which backs against its Leighton Centre commercial tower and opens… Read More>>
Asia Real Estate People in the News 2022-03-14
A new board member at a Hong Kong-listed developer leads Mingtiandi’s roundup of personnel moves this week, as we bring you news of job changes in Singapore, Shanghai, Bangalore and Ho Chi Minh City, as well as in Greater China’s… Read More>>
Hysan, Empire to Acquire Half of Henderson Kowloon Project for $780M
Hong Kong-listed Hysan Development and privately held Empire Group have agreed to acquire respective 25 percent stakes in a Henderson Land residential project in Kowloon’s To Kwa Wan area for a combined HK$6.1 billion ($780 million) in capital commitments, according… Read More>>
Asia Real Estate People in the News 2021-09-20
Hong Kong’s Hysan Development has decided to invite its long-time COO to join the company’s board, and that move at one of the city’s largest commercial developers leads our roundup of personnel moves from around Asia this week.
Also in… Read More>>
CK Asset Selling Commercial Tower in Shanghai’s Jing An District to Hysan for $540M
Hysan Development will make its second foray into mainland China after agreeing to acquire a 24-storey commercial building in Shanghai’s Jing An district from CK Asset Holdings for RMB 3.5 billion ($540 million).
HKEX-listed Hysan plans to buy the recently… Read More>>