Asia real estate and outbound investment news
Adrian Cheng, heir to a $20.7 billion family fortune, has been named as executive chairman of Hong Kong-listed property group New World Development’s mainland China arm.
New World’s wholly owned subsidiary, New World China Land, said in an announcement that… Read More>>
The sale of a residential plot leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that nine bids were submitted for a heavily discounted site in Hong Kong’s New Territories.
In other news around… Read More>>
A pair of Singapore-listed REITs lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the two real estate investment trusts are planning a merger that will create a super-REIT with a portfolio… Read More>>
New World Development has acquired a set of flats in an upscale neighbourhood of Hong Kong for a combined HK$458 million ($58 million), as the developer closes in on another potential redevelopment project.
Land Registry documents reveal that 16 flats… Read More>>
A Singapore commercial property trust leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the REIT has kicked off a $661 million equity sale to fund the acquisition of a business park… Read More>>
Two of Hong Kong’s largest developers have expressed their willingness to hand over part of their land banks for housing development as the government looks into requisitioning underused plots in a bid to lessen a home shortage.
On Thursday, Henderson… Read More>>
Mainland developer China Vanke on Thursday acquired a HK$580 million ($74 million) site in Hong Kong’s North Point neighborhood that is earmarked for a commercial or mixed-use development.
The company’s Vanke Property (Hong Kong) arm picked up the 4,300-square-foot (3,995-square-metre)… Read More>>
A UK non-profit organisation has announced that the £1 billion ($1.2 billion) centrepiece of a scheme to regenerate London’s Greenwich Peninsula has been dropped by the Hong Kong-based company set up seven years ago by billionaire property tycoon Henry Cheng… Read More>>
New World Development has acquired three shops in Hong Kong’s historic State Theatre complex, paying more than double their estimated value as the developer closes in on its redevelopment plans for the 67-year-old theatre.
The listed building, which was put… Read More>>
New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off formal leasing activity for K11 Atelier King’s Road, according to an announcement by the company late last week.
The 22-storey office… Read More>>
