Asia real estate and outbound investment news
Hong Kong property agency Midland Holdings expects to report a full-year loss after recording an estimated net loss attributable to shareholders of HK$480 million ($61.6 million) for the first 11 months of 2022.
The anticipated result would reverse the company’s… Read More>>
In our latest roundup of regional news headlines, China Logistics’ two biggest shareholders set in motion a plan to sell a 50 percent stake in the firm, a Hong Kong mixed-use property formally changes hands, and Singapore developer CDL obtains… Read More>>
The continuing slide of Hong Kong’s commercial property market leads today’s news from around the region, as a government auction of a commercial site near the city’s airport was cancelled after attracting just three bids — all of which fell… Read More>>
Savills tops Mingtiandi’s deal charts for the second time running with the property consultancy reported to brokered the HK$790 million ($101 million) sale of an office redevelopment project in Hong Kong’s Cheung Sha Wan area on behalf of consumer goods… Read More>>
Leading today’s Hong Kong real estate news, the total spend on property in the city reached HK$300 billion in the first five months of the year, a post-1997 record for the January to May period. Also in the headlines, a… Read More>>
Leading today’s Hong Kong real estate news, a locally listed firm bought a floor in Central’s Far East Consortium Building for HK$20,000 ($2,548) per square foot, breaking the building’s record, and helping the former owner to turn a profit of… Read More>>
Hong Kong saw HK$16.3 billion ($2.1 billion) worth of commercial property transactions in January, surging 170 percent year-on-year and representing the second-highest monthly total in nearly five years, according to commercial property agency Midland IC&I.
The figure falls short of… Read More>>
Property consultants in the Hong Kong market enjoyed another encouraging month in April as brokers both local and global signed some record deals. In one of the biggest investment transactions brokered during the month, a local brokerage helped ink a… Read More>>
Today’s real estate headlines include Shanghai’s black clad sleuths tracking a recent real estate panic to a single broker and her WeChat account, slower home sales elsewhere on the mainland, and a return to land enthusiasm in Singapore, where a… Read More>>
This week Asia’s community of commercial real estate professionals sees a global investment firm importing talent from Germany to build up its Singapore office, a US private equity firm bringing on a logistics real estate specialist in Shanghai, and a… Read More>>
