Asia real estate and outbound investment news
CK Asset Holdings has topped four competing bids to acquire a residential development site in Hong Kong’s New Territories for HK$4.6 billion ($586 million), according to an announcement published on Wednesday.
The developer controlled by billionaire Li Ka-shing acquired the… Read More>>
Li Ka-shing’s CK Asset has agreed to sell its 21 Borrett Road project in Hong Kong’s Mid-Levels for HK$20.8 billion ($2.6 billion) to a private wealth manager founded by former UBS bankers, in a sudden asset disposal by the city’s… Read More>>
A house at CK Asset’s 90 Repulse Bay Road project was sold for HK$75,000 ($9,557) per square foot this past week, setting a record for the lowest unit price at the luxury property against a backdrop of sliding values for… Read More>>
In today’s roundup of regional news headlines, CapitaLand’s Ascott division buys a residential property in Tokyo, insurance giant AIA reportedly seeks to buy an office project under development in Shanghai, and billionaire Li Ka-shing dumps his stake in AMTD Group… Read More>>
Hong Kong’s CK Asset Holdings could be on its way to turning the Harbour Plaza Resort City hotel in the New Territories into a HK$14 billion ($1.78 billion) housing and retail project, having on 7 June submitted an application to… Read More>>
A high-level unit at CK Asset’s 21 Borrett Road project in Hong Kong’s Mid-Levels was sold for HK$91,895 per square foot last week, setting a new record for a non-penthouse unit at the luxury residential property, despite sales at the… Read More>>
In today’s roundup of regional news headlines, Alibaba-backed E-House becomes the latest Chinese property firm to default on a bond, top executives at two mainland investment companies vacate their posts with little or no explanation, and local tycoons advise the… Read More>>
Despite turmoil in the country’s property market last year, China managed to nab more than half the spots in market research consultancy Hurun’s list of the top 100 real estate billionaires in the world.
The most populous nation on earth… Read More>>
A real estate project built by a unit of what is now CK Asset Holdings is facing a lawsuit in Singapore after homeowners complained of alleged defects in the Thomson Grand condominium complex near Lower Pierce Reservoir in central Singapore,… Read More>>
CK Asset Holdings, the development flagship of magnate Li Ka-Shing, has bested six competing bids to win a 58,534 square foot (5,438 square metre) residential site in Hong Kong’s redevelopment hotbed of To Kwa Wan for HK$5.99 billion ($767 million),… Read More>>
