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 Takes Over from Wong Siu Kong as CEO of Kerry Properties
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>>
Kwun Tong Housing Site Draws 24 Bids and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate headlines, a residential site in Kwun Tong that could be worth up to HK$3.4 billion brought in two dozen bids from a roster of heavyweights including CK Asset, Sun Hung Kai Properties and Henderson… Read More>>
Kowloon East Housing Site Draws 10 Bids and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong news roundup, a coveted residential plot in Kowloon Tong has drawn ten bids, and is expected to sell for anywhere from HK$10 billion ($1.28 billion) to HK$16.6 billion ($2.12 billion) — making it the most expensive… Read More>>
Swire Wins Wanchai Condo Site for HK$2B and More Hong Kong Real Estate Headlines
Site sales dominate the headlines in today’s Hong Kong real estate roundup, with Swire Properties agreeing to pay billions of Hong Kong dollars to win a series of sites in Wanchai, where the top developer plans to build a residential-led… Read More>>
Kerry and Sino Land Win Wong Chuk Hang MTR Site and More Hong Kong Real Estate Headlines
Continuing Mingtiand’s new roundup of Hong Kong real estate headlines, in today’s SAR news, a pair of local developers team up to win the MTR auction of a site in soon-to-be posh Wong Chuk Hang, while Wing Tai scores an… Read More>>
Wanda Beats Out Disney for Gansu Theme Park Deal and More Asia Real Estate Headlines
Wanda returns to its quest for theme park hegemony today by boldly going where Mickey and Minnie would fear to tread. Plus, a major state-run developer announces plans to ramp up Hong Kong projects just days after China’s top authorities… Read More>>
China’s NDRC Clamps Down on Capital Outflows and More Asia Real Estate Headlines
China’s highest level planning body is getting ready to slow down capital outflows after the country’s falling currency led to nearly $70 billion fleeing the country last month. Also in the headlines, it appears that at least some of that… Read More>>
Mainland Buyers Gobbled Up 24% of HK Land Sold in 2016 Says Deutsche Bank
Maybe billionaire Hong Kong developer Lui Che-Woo wasn’t being a sore loser when he bemoaned the fact that his K Wah International seemed unable to win a land sale in its home market this year.
In their continued search for… Read More>>
Kerry Properties Posts 34% Drop in Core Earnings and More Asia Real Estate Headlines
This week sees a flurry of new financial reports from the region’s property developers, with 2016’s winners and losers rapidly being sorted out. Also, a Blackstone joint venture in India announces plans for $745 million in office investments, while New… Read More>>
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