Kerry Properties Archives

Kerry Properties’ Net Profit Drops to HK$5.4B and More Asia Real Estate Headlines

2021/03/18 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, Hong Kong developer Kerry Properties posts a 22 percent profit decline for 2020, China’s HNA conglomerate begins a monumental restructuring process, and GLP J-REIT issues the first ultra-long sustainability bond in the… Read More>>

Kerry-GIC JV Buys Mixed-Use Site in Shanghai’s Pudong District for $930M

2021/02/28 by Christopher Caillavet Leave a Comment

Hong Kong-listed developer Kerry Properties has teamed up with the real estate arm of Singapore sovereign wealth fund GIC to purchase a piece of Shanghai land designated for a retail-led mixed-use development.

Kerry announced Wednesday that it had won a… Read More>>

Hong Kong’s MTR Sells Last Lohas Park Site for HK$20B and More Asia Real Estate Headlines

2020/11/02 by Shiunne Bulsombut Leave a Comment

A Hong Kong land sale leads today’s real estate news from around the region, with a trio of local developers teaming up with Shenzhen’s China Merchants Land to purchase the last phase in the MTR’s Lohas Park project.

Midea Boss Survives Kidnapping Attempt in Foshan and More Asia Real Estate Headlines

2020/06/16 by Michael Cole Leave a Comment

Hostage drama in a private golf resort is on the playbill for Asia’s real estate investors today as the billionaire founder of one of China’s biggest appliance makers is rescued from an attack in his luxury home.

Also in the… Read More>>

Tencent Exec Buys Repulse Bay Pad at 18% Off and More Hong Kong Real Estate Headlines

2020/05/10 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, properties in the Asian financial hub continue to be sold at knockdown prices, with the chief strategy officer of tech giant Tencent buying a Repulse Bay luxury home at an 18 percent discount,… Read More>>

Henderson, Swire Redevelopment Plan Rejected and More Hong Kong Real Estate Headlines

2020/04/20 by Stephanie Li 1 Comment

Leading today’s Hong Kong real estate news, Hong Kong giants Henderson Land and Swire Properties have had a joint commercial development application in Quarry Bay turned down despite snapping up a set of shops on the site for HK$82 million.

Public Storage Backs Out of Aussie REIT Buyout and More Asia Real Estate Headlines

2020/03/18 by James Hatton Leave a Comment

A binned self-storage deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the highest bidder for an Australian REIT is said to have backed out of the deal, citing market conditions, having… Read More>>

Asia Real Estate People in the News 2020-03-02

2020/03/02 by James Hatton Leave a Comment

In this week’s edition of People in the News, SRE Group’s leadership challenges steal the limelight after the developer’s chairman and executive director were detained under embezzlement charges in Shanghai, forcing the company to appoint a stand-in to assume their… Read More>>

Wanda Led China’s Top 10 Commercial Developers Again in 2019

2020/03/01 by James Hatton Leave a Comment

Wang Jianlin’s Dalian Wanda Group may have been forced to unwind its overseas ambitions, but the billionaire’s property business in mainland China shows no signs of flagging after it hauled in operating income more than double that of its closest… Read More>>

Kerry Picks Up 26% of Hong Kong Co-Working Hub for HK$500M

2019/11/04 by James Hatton Leave a Comment

Kerry Properties, a Hong Kong-listed developer controlled by Shangri-La Hotels founder Robert Kuok, has acquired 26 percent of an industrial building in Hong Kong’s southern district for HK$499.7 million ($64 million), according to a local media report citing government filings.