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>>
Seven of Hong Kong’s Ten Richest People are Real Estate Developers and They Own Half the City
Seven of Hong Kong’s ten wealthiest people and almost half of the city’s top billionaires made their fortunes in real estate, according to the latest annual ranking of the city’s 50 richest people by Forbes.
Thanks to a roaring real… Read More>>
Li Ka-shing Sets New HK Record with $5.15B Sale of The Center to Mainland-Backed Group
Hong Kong’s richest man just sold the city’s most expensive building for HK$40.2 billion ($5.15 billion), according to an announcement today by Li Ka-shing’s CK Asset Holdings to the Hong Kong stock exchange.
CK Asset, which was formerly known as… Read More>>
Li Ka-shing Said Selling Hong Kong’s The Center to Mainland Group for $5.2B
Hong Kong’s richest man is reportedly selling his most valuable building, The Center office tower, for a record price of HK$40.2 billion ($5.15 billion). Li Ka-shing’s CK Asset Holdings – formerly Cheung Kong Property Holdings – agreed to dispose of… Read More>>
Top Floor of Li Ka-shing’s Tallest HK Building to Sell for $95M
The top floor of The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung Kong group, is poised to change hands for HK$738 million ($94.5 million), smashing the price per square foot record for a strata-titled… Read More>>
Perennial Puts Gucci SG HQ on the Market for S$31M and More Asia Real Estate Headlines
Singapore’s commercial market continues to show signs of life this month as one of the country’s biggest real estate investment companies puts a CBD office space up for sale. Also in the headlines, Li Ka-shing is still clarifying his succession… Read More>>
Hong Kong’s “Superman” Not Quite Ready to Hang Up His Cape
Hong Kong’s superstar investor may not be quite ready to cede the stage to the next generation, even if he does turn 89 next month.
In battling media reports yesterday, Li Ka-shing appears to be wavering on his retirement plans,… Read More>>
Li Ka-shing Wraps Up Biggest Overseas Deal Ever and More Asia Real Estate Headlines
At the top of the news today, One of Hong Kong’s biggest property developers has won out in his attempt to buy an Aussie power company, a top 10 mainland homebuilder broke $1 billion in operating profit by the end… Read More>>
Li Ka-shing Buying Canadian HVAC Co for $2.1 Bil and More Asia Real Estate Headlines
Leading today’s news, Hong Kong’s “Superman” is flexing his financial muscle again as Cheung Kong Property agrees to buy a Canadian HVAC business for more than $2.1 billion. Also in the headlines, after the city of Beijing rolled out nearly… Read More>>
Li Ka-shing Predicts 2 More Years of HK Home Price Hikes and More Asia Real Estate Headlines
Hong Kong’s richest man can’t take it with him, but he can still shed tears of joy over the cash he’s making from the city’s booming real estate market, while Vincent Lo convinces an SCMP reporter that Shui On is… Read More>>
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