The Hines-NPS joint venture behind a San Francisco mixed-use development reaches an agreement to pay off a recently matured loan, with that story leading today’s headline roundup. Also making the list, a mystery buyer picks up 26 Hong Kong homes… Read More>>
New World Selling Sports Complex Stake to Cheng Family for $53M as CEO Exits
Hong Kong’s New World Development has agreed to sell its entire interest in a sports complex at the former Kai Tak Airport site to Chow Tai Fook Enterprises, the private holding firm of New World’s controlling Cheng family, for HK$416.7… Read More>>
Mainland Developer Logan’s Restructuring Hits Snag and More Asia Real Estate Headlines
Logan Group leads today’s collection of headlines from around the region as the bank creditors threatened to liquidate two key units. Also in the news, India’s Phoenix Mills shelves plans to foray into warehousing properties and Hong Kong builders face… Read More>>
Sino Land JV Bags Kowloon Residential Site With $250M Bid
Hong Kong’s Sino Land continues to snap up Kowloon residential sites at bargain prices, with the local builder and partners China Merchants Land and Great Eagle Holdings winning a tender this week for a project in the Kai Tak area… Read More>>
Evergrande Chairman Detained, Liquidation Looms and More Asia Real Estate Headlines
The mounting woes at China Evergrande, and their impact on China’s property sector, lead today’s collection of real estate headlines from around the region. Vietnam also makes the list with a crisis of its own, and statistics show Greater China… Read More>>
Sino Land JV Wins Kai Tak Plot with Bargain $680M Bid in Depressed Hong Kong Market
A consortium led by local builder Sino Land has won a tender for a residential plot in Hong Kong’s Kai Tak area with a bid of HK$5.35 billion ($680 million), representing a nine-year low for a government land premium at… Read More>>
Hoi Hup and Sunway Win Singapore Site for $256M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the Singapore government awards an executive condo site after the project drew nine bids, and a Hong Kong land tender draws a strong response as well. Also making the list are Country Garden’s… Read More>>
Temasek-Backed STT GDC Eyes $1B IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s ST Telemedia Global Data Centres reportedly contemplates an initial public offering, Dalian Wanda’s services unit scores a big offshore loan, and Kaisa Group is taken to court in New York over missed… Read More>>
CK Asset Paying $1.1B to Buy Second Hong Kong Residential Site in One Week
CK Asset Holdings has picked up a residential development site in Hong Kong’s Kai Tak area for HK$8.7 billion ($1.1 billion), according to a Wednesday announcement, breaching the low end of market expectations by about 23 percent as home prices… Read More>>
Evergrande Winding-Up Case Kicked to November and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a court case on China Evergrande’s potential winding-up is adjourned until November, sales at a high-profile housing project in Hong Kong’s Kai Tak launch at a 10 percent discount, and Swire Properties zeroes… Read More>>
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