Asia real estate and outbound investment news
Hong Kong’s ITC Properties is in talks to sell an office tower in Wan Chai as the developer and property investor continues to divest assets amid mounting losses.
The HKEX-listed builder is in discussions to offload 250 Hennessy, a commercial… Read More>>
A waterfront hotel in Canada takes centre stage in today’s headline roundup, as Hong Kong developer ITC plans to sell its half-stake in Vancouver’s Westin Bayshore. Also in the news, HKEX-listed Hysan posts a marginal profit dip and crowdfunders target… Read More>>
Guangzhou developer KWG has sold its 50 percent stake in an eastern China residential project to Midea Real Estate, with that story leading Mingtiandi’s collection of real estate headlines today. Also making the news, South Korean leaders aim to boost… Read More>>
Hong Kong developer Sun Hung Kai Properties held the topping-out ceremony for the main office tower at its International Trade City (ITC) project in Shanghai’s Xujiahui area on 29 December, adding 70 storeys of office space to the company’s portfolio… Read More>>
Weave Living on Tuesday announced the formation of a $200 million joint venture with a global institutional investor to acquire the 435-room Rosedale Hotel in Kowloon for HK$1.37 billion ($175.4 million), signalling a dramatic leap in scale for the residential… Read More>>
Hong Kong’s Grand Ming Group has acquired a housing project in To Kwa Wan for HK$320 million ($41.2 million) as the impending completion of a new route on the city’s MTR system spurs developer interest in the Kowloon neighbourhood.
As… Read More>>
A compact hostelry in Causeway Bay has become the latest Hong Kong property to change hands at a discount, with a mainland buyer picking up Le Petit Rosedale Hotel in the bustling shopping district for 34 percent below the seller’s… Read More>>
Shanghai’s office market is said to be on its way to surpassing Hong Kong in size by 2020, and the rise in demand for land from developers eager to provide homes for the city’s fast growing finance firms, tech providers… Read More>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Country Garden to Issue $966M in RMB Bonds
Chinese developer Country Garden Holdings Company Ltd said on Thursday a subsidiary had… Read More>>
