Asia real estate and outbound investment news
Alternative investment firm PAG has reportedly made a profit of HK$600 million ($76.44 million) via its recent sale of a data centre in the Hong Kong industrial district of Kwai Chung, less than three years after purchasing the property.
Having… Read More>>
Guangzhou-based China Aoyuan Property Group is expanding its portfolio in Hong Kong by snapping up an industrial building in the New Territories logistics hub of Kwai Chung for HK$950 million ($121 million).
The mid-sized mainland developer is buying the 12-storey… Read More>>
Leading today’s Hong Kong real estate news, the city’s “Shop King” Tang Shing-bor seems to be snapping up another shed, with reports that the veteran real estate investor paid HK$1.6 billion for a 13-storey industrial building in the Kwai Chung… Read More>>
Mainland property developer Jiayuan International is venturing into Hong Kong’s residential market by buying a majority stake in three projects from Tang Shing-bor for a combined HK$2.62 billion ($334 million).
According to a statement to the Hong Kong stock exchange,… Read More>>
Leading today’s Hong Kong real estate news, is the results of the latest government land auction, which resulted in a mid-sized developer winning a tiny residential site in Tsing Yi, the New Territories for HK$867 million. Also getting some ink,… Read More>>
Payson Cha’s Hanison Construction Holdings has teamed up with an unnamed investor to buy an industrial building in Hong Kong’s Kwai Chung area for HK$720 million ($92 million), the developer announced Wednesday, as the city’s biggest logistics hub continues to be… Read More>>
