Bain Capital seeks a buyer for the China business of the data centre firm formerly known as Chindata, with that report leading today’s headline roundup. Also in the news, Manulife US REIT agrees to sell an Atlanta office tower and… Read More>>
Nan Fung Wins Tung Chung Site Tender in Hong Kong and More Asia Real Estate Headlines
Privately held Nan Fung Group wins a residential development site near Hong Kong’s Tung Chung East Station, with that successful tender leading today’s headline roundup. Also in the news, a Daiwa Securities REIT sells apartments in Japan’s Miyagi prefecture and… Read More>>
Evergrande Chairman Detained, Liquidation Looms and More Asia Real Estate Headlines
The mounting woes at China Evergrande, and their impact on China’s property sector, lead today’s collection of real estate headlines from around the region. Vietnam also makes the list with a crisis of its own, and statistics show Greater China… Read More>>
Schroders Sells Kowloon Office Tower for $45M as Hong Kong Opens Up
British asset management giant Schroders has sold a 15-storey office tower in Hong Kong’s Mong Kok area for HK$350 million ($44.8 million), more than three years after the property went on sale for double the price, according to local news… Read More>>
Nan Fung Buys Up Jardine’s Lookout Luxury Site in Hong Kong
Nan Fung Development continues to bet on Hong Kong Island’s luxury residential market, reaching just under 70 percent ownership last month of a set of lane houses in Jardine’s Lookout through a series of purchases which totalled over HK$1 billion… Read More>>
Home on Hong Kong’s Peak Sells for $74.8M as City’s Luxury Market Rages
An apartment on Hong Kong’s posh Victoria Peak sold last week for HK$583.2 million ($74.8 million), as bullish sentiment continues to sustain luxury home prices in the world’s most expensive housing market despite the COVID-19 pandemic entering its third year.
$82M Home on Hong Kong’s Peak Sets Record for Asia’s Priciest Apartment
A luxury home on Hong Kong’s Victoria Peak this month sold for HK$639.7 million ($82.1 million) and set a new record for Asia’s priciest apartment, according to public records posted by the developer, shouldering aside the previous high-water mark set… Read More>>
Singapore Tower on Market for $2B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s International Plaza building launches the city’s biggest-ever collective sale, Hong Kong’s Nan Fung acquires an office building in Boston’s Chinatown, and SGX-listed CDL Hospitality Trust enters a deal to invest in a… Read More>>
Evergrande Bonds Sink After S&P Warning and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande’s latest credit downgrade comes with the warning of a “downward spiral”, Korea’s third-largest conglomerate readies a September IPO for SK REIT, and Hong Kong’s Wharf REIC posts a double-digit rise in… Read More>>
Blackstone Aims for Third Asia Real Estate Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, private equity titan Blackstone announces plans for a third Asia real estate fund, China Evergrande’s once-highflying founder sees his net worth crumble, and Singapore sovereign fund GIC posts its highest 20-year return since… Read More>>
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