This week Asia’s crew of real estate industry professionals features a mainland hospitality veteran taking a C-suite role with Accor, one of Hong Kong’s biggest developers finding new leadership for its asset management division in Shanghai and a familiar broker-face… Read More>>
Link REIT Announces 13% Revenue Rise Despite Retail Downturn
Despite Hong Kong’s biggest retail slump this century, the managers of Link REIT, a real estate investment trust that manages the city’s largest portfolio of shopping space reported a 13.2 percent increase in revenue for the most recent fiscal year,… Read More>>
Link REIT Sells 7 Hong Kong Retail Properties for HK$1.96 Billion
Asia’s biggest real estate investment trust disposed of seven retail assets in Hong Kong this week for a total of HK$1.96 billion ($253 million).
The properties sold by Link REIT include community retail centres, and hybrid retail and car parks… Read More>>
Link REIT Sells Two HK Shopping Centres for HK$1.69B
Asia’s biggest real estate investment trust, Link REIT announced today that it had sold two Hong Kong’s shopping centres for a combined HK$1.69 billion ($218 million).
In a statement to the Hong Kong Stock Exchange, the management of the real… Read More>>
Greenland Greenlighted for 240M London Tower and More China Real Estate Headlines 2016-02-23
China’s second largest developer has now won approval to build Europe’s tallest homes along Canary Wharf, while a Singaporean serviced apartment operator ties up with the mainland’s biggest construction firm to open more units in China. Also a bit more… Read More>>
Greater China Real Estate People in the News 2016-02-22
This week one of the major agencies finds a new head for its mainland valuations team, while a top mainland conglomerate dips into the state-run sector for marketing leadership. Also, Asia’s biggest REIT takes on some new asset management talent,… Read More>>
Greater China Real Estate People in the News 2016-02-15
The region’s real estate people are right back on the job wheel after the break, with a fresh set of familiar faces in new places. This week a corporate real estate exec goes digital, logistics mergers bring new roles and… Read More>>
Link REIT Announces Allen as New Chairman as Sallnow-Smith Retires
Link Asset Management Limited which manages Asia’s largest real estate investment trust, Link REIT, announced today that its chairman, Nicholas Sallnow-Smith would be stepping down on 31 March of this year after completing his maximum nine year term of service.
Link REIT CEO Named Hong Kong Business Person of the Year
While the mainland dreams of a shift to a service economy, Hong Kong appears happy to focus on real estate as two of the top awards for business personalities in the Asian financial hub went to leaders of real estate… Read More>>
Hong Kong’s Link REIT Sells Off 5 Malls for HK$1.7B
Link Asset Management Ltd, which manages Hong Kong’s Link REIT announced today that the real estate investment trust has sold off five of its retail properties for a total of HK$1.7 billion ($219 million).
The five shopping malls, all in… Read More>>