HNA’s turbulent financial trajectory leads the headlines from around Asia today with the news that the auditor at the company’s Hongkong Airlines affiliate has jumped ship, hopefully not taking the last parachute, while there could be stormy weather ahead for… Read More>>
ARA Boosts Down Under Assets with A$97M Brisbane Office Buy
Warburg Pincus-backed ARA Asset Management announced on Friday that it had acquired a commercial block in the central business district of Brisbane for a reported A$96.5 million ($68.8 million), in the latest in a series of big-ticket investments down under… Read More>>
Li Ka-shing Warns HK Housing Speculators and More Asia Real Estate Headlines
China’s spring festival is still weeks away, but there are signs that the region’s real estate markets may be in for a longer than expected winter as Hong Kong’s richest man warns investors against speculating in the city’s real estate… Read More>>
Soy Milk Heiress Buys Sting’s NYC Flat for $50M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong roundup, a billionaire heiress to a soy milk empire has been revealed as the mystery buyer of British rocker Sting’s massive penthouse overlooking Central Park in Manhattan. Also in the headlines, a residential plot in the… Read More>>
Li Ka-shing Spends HK$130M Upping Stake in CK Asset and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, just weeks after announcing plans to retire, the city’s richest man Li Ka-shing spent HK$130 million ($17 million) to snap up shares in CK Asset Holdings in just two days. Also in the… Read More>>
CK Asset to Redevelop Hung Hom Hotel as Offices and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Li Ka-shing’s CK Asset applied to turn its hotel in Hung Hom to two office buildings, in order to capitalise on the growing demand for offices in the area. Also in the headlines,… Read More>>
Li Ka-Shing Retires, Son Victor to Take Over Real Estate and Corporate Empires
What happens when the investor known as Superman decides to hang up his cape? The answer to that question may soon be known after Li Ka-shing announced in Hong Kong today that he would be stepping down from atop his… Read More>>
HKMA Holds Firm on “Spicy” Policies and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city’s de facto central bank rejected calls from lawmakers to relax mortgage policies, saying the housing market is still too hot. Also in the headlines, even Hong Kong’s securities regulator may find… Read More>>
New Flats Hit 13-Year High in 2017 and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, 2017 marked a 13-year high for the construction of private flats. And if that’s not enough to ease the city’s housing crisis, the operator of Kwai Tsing port facility is talking about building… Read More>>
Li Ka-shing Said Putting Chongqing Project on the Block for $3B
Hong Kong tycoon Li Ka-shing is reported to be seeking buyers for a sprawling, partly completed residential and commercial project in the western Chinese city of Chongqing, with an asking price of RMB 20 billion ($3 billion), according to an… Read More>>
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