Asia’s real estate markets have reawakened in May with the world’s largest brokerages handling a string of investment and leasing transactions in Hong Kong, mainland China and Singapore after deals came to a near halt during April, according to data… Read More>>
In this week’s edition of People in the News, the chief executive officer of a casino operator’s China business has announced his retirement, while a property consultancy has named a former WeWork executive as its managing director in Beijing.
Meanwhile… Read More>>
The Hong Kong government has scrapped the sale of the second-largest commercial site at Kai Tak, marking the latest blow to its plans for redeveloping the former airport site.
The city’s Lands Department said that it had cancelled the tender… Read More>>
Local Hong Kong developer Capital Group Development Limited has won a residential site in Mong Kok for HK$467 million ($60 million), according to an announcement yesterday by the Lands Department.
The privately held firm, which was previously best known for… Read More>>
Hong Kong developer Chinachem Group has won a tender to develop a residential parcel in West Kowloon, according to an official announcement late last week.
The company led by CEO Donald Choi shouldered aside 16 other bidders to win the… Read More>>
One year after China’s State Council unveiled the outline development plan for the Greater Bay Area, a strategic growth zone combining the mainland’s Guangdong province with Hong Kong and Macau, leading property consultancy Knight Frank already sees opportunities on… Read More>>
Savills tops Mingtiandi’s deal charts for the second time running with the property consultancy reported to brokered the HK$790 million ($101 million) sale of an office redevelopment project in Hong Kong’s Cheung Sha Wan area on behalf of consumer goods… Read More>>
Despite the market continuing to be quiet across Greater China, Savills’ reported brokering of the RMB 8 Billion ($1.1 billion) sale of LG Group’s Beijing HQ tops Asia’s deal charts this week, with the deal ranking as the biggest transaction… Read More>>
In this week’s edition of People in the News, the mainland China arm of Hong Kong-listed New World Development has made some top-level changes, while a Beijing-based property group has appointed a group president following the retirement of the previous… Read More>>
Sakal Real Estate Partners tops the deal charts this week as the startup Singapore investment brokerage scooped the big players with its work facilitating the S$340 million sale of a commercial property on Robinson Road.
Local player Edmund Tie also… Read More>>