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>>
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.
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>>
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>>
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>>
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>>
A set of deals announced at the end of March points to a continued thawing of Hong Kong’s property investment market and heightened prospects for urban redevelopment projects in the city.
Hanison Construction, controlled by the Cha family behind developer… Read More>>
For the third time in less than a year, IWG has opened flexible offices under the Signature brand in a Hong Kong space formerly occupied by embattled rival WeWork.
The hat-trick delivers 50,000 square feet (4,645 square metres) of flexible… Read More>>
Hong Kong’s biggest developer by value leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company’s hotels business took a pounding in the second half of last year, with the group’s chairman… Read More>>
In this week’s edition of Mingtiandi’s People in the News, the head of broker development at WeWork India has announced her resignation as the co-working giant lays off 2,400 staff.
In other people moves around the region, the CEO of… Read More>>