China’s third largest developer is now targetting another overseas market, as Country Garden announced plans to move into India. Also in the headlines today, China Oceanwide agrees to buy tech media group IDG, and CapitaLand has a new commercial project… Read More>>
HNA Group Sets 2nd Hong Kong Land Record in 2 Months with HK$5.4B Kai Tak Deal
China’s HNA Group continued its acquisition spree this week by returning to Hong Kong’s land market for a second record-setting site purchase in as many months.
The parent company of China’s Hainan Airlines agreed on Monday to pay HK$5.4 billion… Read More>>
China Vows to Curb Property Bubble in 2017 and More Asia Real Estate Headlines
China’s government leaders have just finalised plans and priorities for the coming year, and high on the list is taming the country’s housing bubble. This approach makes a major departure from the agenda set last year, when reviving the housing… Read More>>
HK Land Wars Rage as Sogo Operator Pays Record $952M for Kai Tak Site
While Hong Kong’s Lifestyle International is best known for putting on sales at its Sogo department stores, the publicly listed company has been doing a bit of shopping of its own in the city’s red-hot real estate market.
The department… Read More>>
HNA Group Lifts Hong Kong Land Prices with $1.13B Kai Tak Deal
HNA Group, the operator of more than a dozen airlines including Hainan Airlines, has reached rarefied air once again after spending HK$8.8 billion ($1.13 billion) for a site near Hong Kong’s old international airport. Reuters reported that the site was… Read More>>
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