As property prices in Hong Kong continue to surge, even 20 square metre shops 17 kilometres from downtown are trading at record prices as the world-leading rates from Hong Kong island are pulling up markets more than half an hour’s… Read More>>
Link REIT, Nan Fung Top Out Quayside Project in Kowloon East With Assist From JP Morgan
Asia’s largest REIT, together with Hong Kong’s biggest privately owned developer has just topped out a nearly 900,000 square foot office tower in the city’s Kowloon East area, as demand for office space continues to build in the alternative business… Read More>>
CC Land, CSI, Asia Standard Said to Buy Nan Fung’s Octa Tower for HK$8B
The chairman of mainland developer CC Land has reportedly teamed up with Hong Kong’s CSI Properties and Asia Standard International Group (ASI) to purchase Nan Fung’s Octa Tower in Kowloon Bay for HK$8 billion ($1 billion).
The mainland-Hong Kong consortium’s… Read More>>
Nan Fung Said Poised to Sell Kowloon Bay’s Octa Tower for HK$8B
Nan Fung Group is reportedly close to selling an office tower in Hong Kong’s Kowloon Bay area for HK$8 billion ($1 billion) to a mainland Chinese consortium. The deal, if closed, would be the second-largest real estate transaction in the… Read More>>
Nan Fung Buys $361M London Complex as HK-UK Love Affair Goes On
Hong Kong-based Nan Fung Group is said to be buying a 250,000 square foot complex in London for £270 million ($361 million), according to a report in the UK’s Estates Gazette.
The privately owned Hong Kong firm is buying the… Read More>>
Kerry and Sino Land Win Wong Chuk Hang MTR Site and More Hong Kong Real Estate Headlines
Continuing Mingtiand’s new roundup of Hong Kong real estate headlines, in today’s SAR news, a pair of local developers team up to win the MTR auction of a site in soon-to-be posh Wong Chuk Hang, while Wing Tai scores an… Read More>>
Guocoland Has Big Plans for $1.2B Singapore Site and More Asia Real Estate Headlines
Half the region is on the beach this week or staying at home gorging themselves on mooncakes, but the team here at Mingtiandi is still at the controls of our information machine, and today we’re bringing you the inside story… Read More>>
Nan Fung Makes Hong Kong’s Biggest Land Buy Ever With $3.2B Kai Tak Bid
Hong Kong’s Nan Fung Development has outbid 11 rivals to win a commercial site near the former Kai Tak airport for the record-breaking price of HK$24.6 billion ($3.16 billion), according to a statement from the city government late yesterday.
Although… Read More>>
Anbang Invests $1B in Sino-Ocean as Insurers Raise Stakes in Mainland Developers
China’s insurance giants have featured in news of overseas real estate acquisitions this year, but now appear to be raising their investments in the mainland’s property market as well.
During the past week Anbang Insurance, which became famous internationally for… Read More>>
China Real Estate People in the News 2015-05-25
This week Greater China’s community of real estate professionals sees a finance specialist leave a US developer for a global bank, a major agency lose another senior executive from its capital markets team and a veteran investment broker founding his… Read More>>