Hong Kong’s Lands Department on Wednesday announced that a consortium of three Hong Kong developers, together with the mainland’s China Overseas Land & Investment had won the largest residential site on what had been the runway of the city’s former… Read More>>
New World 1H Profit Jumps 29% and More Asia Real Estate Headlines
Both a Hong Kong and a mainland China property company are reporting good news today, with New World Development recording a 29 percent hike in core profit over a six month period, while Dalian Wanda successfully floated a $300 million… Read More>>
China Home Price Growth Slows to 9-Month Low and More Asia Real Estate Headlines
Tighter credit and stricter policy enforcement continued to slow down price growth in China’s real estate market according to the latest government figures, which put reports of average prices nationwide growing by their slowest pace in nine months at the… Read More>>
Warburg-Embassy Industrial JV Buys Bengaluru Site and More Asia Real Estate Headlines
India’s industrial real estate market continues to draw interest from international private equity players as a joint venture between Warburg Pincus and one of South Asia’s largest developers picks up a site in Bengaluru. Singapore also gets some headlines today… Read More>>
Hong Kong’s New World Buys Insurer for HK$21.5B and More Asia Real Estate Headlines
It’s the end of the year and there have still been a few transactions to wrap up before we start 2019, with Hong Kong development titan New World inking a pair of monster deals in the dwindling days of 2018… Read More>>
New World Buying Guangzhou Site Next to China’s Largest Amusement Park for $690M
New World Development last week announced to the Hong Kong Exchange that it is buying a 65 percent stake in a site in Guangzhou, next to the country’s largest amusement park, for a total consideration of over RMB 4.78 billion… Read More>>
Duff & Phelps Moves HQ to Three Pacific Place and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, reports of a market downturn seem to still be unconfirmed rumours last week in the city’s prime business districts as new office leases and asset sales pushed the upper limits of market… Read More>>
SG Investors Buy Sydney Office Block for A$41M and More Asia Real Estate Headlines
Singaporean investors are in the news again today as a pair of corporates from the Lion City buy up an office block in Sydney’s Parramatta district while back at home in the Southeast Asia’s wealthiest city, developers are now required… Read More>>
Henderson Land and Friends Seek $6B in Financing for Kowloon Mega-Project
Hong Kong-listed real estate developer Henderson Land is leading a consortium of property firms in the city in an effort to raise about HK$46 billion ($6 billion) via bonds and loans, according to sources cited by Bloomberg. to push forward a… Read More>>
Keppel Buys 40% of Gemdale Nanjing Project for $206M and More Asia Real Estate Headlines
At the top of today’s real estate news the mainland subsidiary of a Singaporean developer buys into a Nanjing residential project, while the city-state’s biggest warehouse developer may be one of the few winners from Brexit, as UK authorities look… Read More>>
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