Global investment behemoth BlackRock leads Mingtiandi’s real estate headlines today with its plan to dismiss 3 percent of its global workforce. Also making the news, distressed Chinese developer Shanghai Shimao has defaulted on two more sets of notes and South… Read More>>
Blackstone, Weave, Lofter and Fairland Go Granular for Hong Kong Value-Add
Finding opportunities for value-add real estate strategies in Hong Kong requires in-depth knowledge of the local community in one of the… Read More>>
Speaker Bio: Carol Chow of Lofter Group MTD TV Productions
Miss Chow Pui Yin, Carol, is the Founder and Chairperson of LOFTER GROUP, which is well recognized as one of the emerging developers in Hong Kong. Carol is a real estate expert with more than 15 years’ solid experience in… Read More>>
Lofter, SC Capital Win Full Control of Ap Lei Chau Site With $20M Compulsory Sale
Hong Kong’s Lofter Group on Wednesday acquired full ownership of a redevelopment site on Ap Lei Chau Island at a compulsory auction, with the value-add specialist now poised to transform the set of ageing buildings into a residential and retail… Read More>>
Lofter Group Closing In on $242M Kowloon Commercial Project
Hong Kong’s Lofter Group is moving closer to building a HK$1.9 billion ($242 million) commercial tower in Kowloon, having this week applied for a compulsory sale to acquire full ownership of an ageing building in Jordan with a pair of… Read More>>
SC Capital, Lofter Apply to Buy Out $108M Hong Kong Project
Hong Kong’s Lofter Group and Singapore-based SC Capital Partners are moving closer to building a HK$850 million ($108.3 million) residential and retail project in the city, having last month applied to acquire full ownership of a 4,000 square foot (371… Read More>>
BentallGreenOak, Schroders Team with Lofter to Buy Tsim Sha Tsui Project for $190M
Just two months after announcing a residential project with SC Capital on Ap Lei Chau Island, a Hong Kong redevelopment specialist on Thursday unveiled a joint venture with BentallGreenOak and Schroders Capital to develop a commercial project in Tsim Sha… Read More>>
SC Capital, Lofter Acquire $53M Project on Hong Kong’s Ap Lei Chau
Singapore-based SC Capital Partners has teamed up with Hong Kong value-add developer Lofter Group to acquire a more than 90 percent interest in a project on Ap Lei Chau island in the Asian financial hub, with an eye towards redeveloping… Read More>>
Hong Kong’s Lofter Buys Up 57 Properties to Assemble $142M Kowloon Project
A Hong Kong redevelopment specialist has teamed up with a local private equity firm to buy up 57 Kowloon properties in preparation for a HK$1.1 billion ($142 million) mixed-use project, according to an announcement today.
Lofter Group, together with partner… Read More>>
Redevelopment Specialist Lofter Buys Kowloon Project for HK$347M
Hong Kong’s investment sector may be reeling from nearly two years of turmoil, but local developer Lofter Group envisions a bright future. On 24 November, the redevelopment specialist and partner Alphalex Capital agreed to acquire 1-7 Ki Lung Street in… Read More>>