A director change at a Singapore-listed REIT leads this week’s collection of personnel moves from around the region, as Singapore’s CDL sees the departure of its chief investment officer. There’s also a new finance boss at Hong Kong-listed Kerry Properties,… Read More>>
Kerry Defies Hong Kong Luxury Slump to Sell Kowloon Villa for $64M
Kerry Properties is realising some rich returns from a bet on Hong Kong’s high-end Beacon Hill neighbourhood, having agreed to sell a detached home at its Mont Rouge residential project for HK$508 million ($64.7 million), according to transaction records posted… Read More>>
Kerry Properties CFO Resigns After Less Than 8 Months on Developer’s Board
Hong Kong-listed developer Kerry Properties waited until the city was transfixed with the arrival of a visitor from the north to announce the departure of its chief financial officer after a brief stint on the company’s board.
The developer controlled… Read More>>
Asia Real Estate People in the News 2022-05-31
Senior hires at Lendlease and Blackstone lead Mingtiandi’s roundup of personnel moves from around the region this week, as the Australian developer finds a new head of data centres, and the US private equity firm adds to its credit division…. Read More>>
China Resources Logistics Adds Fifth HK Industrial Asset in Two Years
A unit of China Resources Group has agreed to buy a pair of warehouses in Hong Kong from Kerry Properties for a total consideration of HK$4.62 billion ($588.6 million), with the deal bringing the mainland firm its fourth and fifth… Read More>>
Robert Kuok’s Youngest Son Kuok Khoon Hua to Chair Kerry Properties
Kerry Properties is appointing founder Robert Kuok’s youngest son Kuok Khoon Hua as its next chairman as the developer of China’s six Kerry Centre commercial projects makes way for the next generation of leadership.
Kuok Khoon Hua will be elected… Read More>>
Hysan, Empire to Acquire Half of Henderson Kowloon Project for $780M
Hong Kong-listed Hysan Development and privately held Empire Group have agreed to acquire respective 25 percent stakes in a Henderson Land residential project in Kowloon’s To Kwa Wan area for a combined HK$6.1 billion ($780 million) in capital commitments, according… Read More>>
Kerry Buys Piece of Central Shanghai Megaproject Site for $2.1B
Hong Kong-listed developer Kerry Properties on Tuesday revealed details of a supersized mixed-use project in Shanghai’s central Huangpu district after acquiring the land use rights to four development plots for RMB 13.3 billion ($2.1 billion).
Kerry, which previously developed the… Read More>>
Kerry Bets $716M on Kowloon Project as Rail Line Boosts Neighbourhood
Hong Kong’s To Kwa Wan further cemented its position as a development hotbed this month, with Kerry Properties winning a tender for an Urban Renewal Authority redevelopment project in the Kowloon neighbourhood for HK$5.58 billion ($716.1 million), according to an… Read More>>
Kerry Properties Elevates 42-Year-Old CFO to Board in Youth Movement
Hong Kong developer Kerry Properties Ltd continues a youth movement with the appointment of a next generation leader to its board of directors, Serene Nah, who brings the average age of the company’s executive directors down to 48 years old.
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