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Tsawwassen Mills

Ivanhoe Selling Canadian Mall to Chinese Investors and More Asia Real Estate Headlines

2022/05/18 by McDowell Ramintas Leave a Comment

A pair of mainland investors who were fortunate enough to sell their Shenzhen mall to Link REIT three years ago for nearly $1 billion have just picked up their fourth shopping mall in the Vancouver area, with that story leading… Read More>>

paul mcgarry goodman

New World Buying 6 China Logistics Properties From Goodman for $337.2M

2022/05/16 by McDowell Ramintas Leave a Comment

Much of China’s economy may be locked down, but the country’s warehouse market remains active, with New World Development’s infrastructure investment subsidiary agreeing to purchase six mainland logistics properties from a fund managed by Australia’s Goodman Group for RMB 2.29… Read More>>

Thomson View

Singapore Condo Project on Market for $681M and More Asia Real Estate Headlines

2022/05/12 by McDowell Ramintas Leave a Comment

In today’s roundup of regional news headlines, a Singapore condominium relaunches its collective sale and new properties hit the Lion City market on Cecil Street and in Geylang. Also in the news, US flexible workspace provider Industrious expands in Asia… Read More>>

Brad Fu

Heitman Buys Hong Kong Industrial Asset From New World Heir for Reported $57M

2022/05/04 by Beatrice Laforga Leave a Comment

Heitman has acquired an industrial building in Hong Kong’s Fanling area from a grandson of New World founder Cheng Yu-tung for a reported HK$450 million ($57.33 million), with the US fund manager planning to transform the asset into a refrigerated… Read More>>

kei hoi pang Logan

Logan Selling 40% of Expressway Project to New World for $290M

2022/05/02 by Mingtiandi Team Leave a Comment

With RMB 35.9 billion in debts coming due this year, financially troubled developer Logan Group is selling 40 percent of an expressway project in southwestern China to Hong Kong’s New World Group for RMB 1.9 billion ($290 million).

Read More>>

Peter Woo of Wharf

Hong Kong Real Estate Tycoons Dominate Forbes Top 10 in 2021

2022/03/13 by Pimfha Chandhapradit Leave a Comment

Six property multibillionaires among the richest Hong Kongers remain unfazed by pandemic headwinds, with their $142.2 billion in cumulative wealth accounting for as much as 72 percent of the total fortunes of the city’s top 10, according to Forbes’ latest… Read More>>

adrian cheng

New World Selling Upper Floor in Kowloon Building for $49M

2022/02/11 by Pawara Laothamatas Leave a Comment

Hong Kong-listed New World Development is realising some returns from a bet on Hong Kong’s emerging commercial districts, having signed an agreement to sell an upper floor of a grade A office tower in Kowloon’s Cheung Sha Wan area for… Read More>>

Pavilia Farm

SHKP Ranks as Hong Kong’s Biggest Homeseller and More Asia Real Estate Headlines

2022/01/04 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Sun Hung Kai Properties unseats rival New World Development as Hong Kong’s biggest residential developer by sales, South Korea’s Hana Alternative Asset Management seeks a buyer for NASA’s Washington headquarters, and China property… Read More>>

Xu Jiayin evergrande

Evergrande Sued Over Unpaid Commissions and More Asia Real Estate Headlines

2021/12/30 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a Hong Kong property agency takes legal action against China Evergrande over unpaid commissions, Singapore’s CapitaLand teams up with Japan’s Mitsubishi Estate on a business park west of Shanghai, and New World Development… Read More>>

Xu Jiayin evergrande

Evergrande Surrenders Chengdu Land Parcels and More Asia Real Estate Headlines

2021/12/21 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, debt-stricken China Evergrande gives up two land parcels to the government in the city of Chengdu, the Pavilia Farm project in Hong Kong is flagged again for its concrete quality, and mainland developer… Read More>>

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