Residential transactions are at the forefront of our Hong Kong roundup this week as newly appointed CEO Kuok Khoon Hua’s Kerry Properties makes a record-breaking sale in Kowloon for HK$101,800 per square foot, while the Hong Kong-listed hospitality holding company… Read More>>
The succession plan for one of Asia’s largest conglomerates may have become a bit clearer on Friday when Hong Kong-listed Kerry Properties named Kuok Khoon Hua as its new CEO and Vice Chairman in an announcement to the stock exchange.
Hong Kong-listed Kerry Properties has won the rights to a 98,053 square metre (1 million square foot) site in the eastern China city of Hangzhou after placing the winning bid of RMB 6.814 billion ($985 million) at a government auction,… Read More>>
In this week’s edition of People in the News, hard times for a luxury residential developer and a mainland co-working operator may have prompted some job searches in China, while May brings some fresh moves elsewhere including a promotion in… Read More>>
A pair of developers owned by Malaysian tycoon Robert Kuok have secured a prime mixed-use site in Singapore for S$700 million ($518 million), according to Singapore’s Housing and Development Board.
In the final round of a two phase tender, the… Read More>>
Overseas buyers of tropical condos in Country Garden’s $100 billion Forest City project in Malaysia no longer need to worry about losing their homes – they just won’t be able to live in them, according to the latest update from… Read More>>
China and India lead the region’s real estate news today as the mainland’s second-largest builder by sales proposes to share $2.14 billion in profits with its shareholders and one of India’s heavyweights prepares to share its winnings with its major… Read More>>
Leading today’s Hong Kong real estate news, property developers in the city have reacted quickly to the record-shattering land sale in the Kai Tak area last week by raising prices for new residential units, with price hikes of as much… Read More>>
At the top of this week’s edition of People in the News, an award-winning hotel designer has joined the hospitality team of the world’s largest design firm in Shanghai, and a fast-growing Thai developer has just hired a residential pro… Read More>>
Steven Ho Shut Kan is taking charge as CEO of Kerry Properties, replacing Wong Siu Kong, who will remain as chairman of the Hong Kong-listed developer.
Announced on Wednesday, the leadership change is effective today. Ho, aged 69, served as… Read More>>