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>>
Ikea Branches Out Into Housing With New China Centre and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, retail giant Ikea has gone from selling furniture for your new apartment to selling you a home too as the Swedish firm launches residential sales at a mixed-use project in the capital of… Read More>>
IWG Forms Greater China Flexible Office JV with Hong Kong’s Hysan
Flexible office provider IWG and retail and office landlord Hysan Development will form a joint venture with the exclusive right to operate all IWG brands in Hong Kong and throughout the Greater Bay Area, the companies announced Monday.
The JV… Read More>>
CC Land Boss Wins Approval for £500M London Palace and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Hong Kong tycoon wins permission to build his eight-storey central London hideaway, the kings of Causeway Bay snap up another slice of the premier retail district, and a Texas-based private equity player… Read More>>
Hysan-Chinachem JV Wins Site in Hong Kong’s Causeway Bay With $2.6B Bid
The kings of Causeway Bay at Hysan Development have defended their turf, besting five other bidders to secure a commercial site near the group’s collection of projects in Hong Kong’s premier retail district.
A joint venture of Hysan, controlled by… Read More>>
Blackstone May Buy Back $2.4B Anbang Japan Portfolio and More Asia Real Estate Headlines
Alternative asset giant Blackstone leads today’s headline roundup with news of potential acquisitions in both Japan and India, as Mingtiandi helps you through the headlines.
In mainland China, the government’s ongoing clampdown on the housing industry continues to discourage developers,… Read More>>
Nike Gets 25% Rent Cut to Take Over Former Esprit Flagship in Causeway Bay
Athletic apparel brand Nike has stepped in where Hong Kong’s own Esprit faltered, leasing a 7,000 square foot (650 square metre) shop in Causeway Bay’s Leighton Centre for a reported monthly rent of HK$1.5 million.
The swoosh logo will soon… Read More>>
Esprit Bails on HK$2M Per Month Causeway Bay Flagship Store
Hong Kong-listed fashion brand Esprit Holdings will not renew the lease for its flagship store in Causeway Bay, according to local media reports.
The lease for the 7,000 square foot (650 square metre) store in Leighton Centre at 77 Leighton… Read More>>