Asia Pacific real estate investment news and information
New World Development recorded a big-ticket sale last month, selling a block of three high-level floors in an office project in Kowloon’s Cheung Sha Wan area to an unnamed financial institution for HK$1.2 billion ($154.1 million).
With 888 Lai Chi… Read More>>
The sale of a residential site near the Greater Southern Waterfront project has provided the latest evidence of Singapore’s housing market snapping out of its pandemic-induced funk.
In the city’s biggest collective sale this year, the homeowners of Flynn Park… Read More>>
Hong Kong’s Grand Ming Group has acquired a housing project in To Kwa Wan for HK$320 million ($41.2 million) as the impending completion of a new route on the city’s MTR system spurs developer interest in the Kowloon neighbourhood.
As… Read More>>
The creditors of bankrupt mainland conglomerate HNA Group took another step towards collecting on bad loans to the parent of China’s Hainan Airlines this past week as an apartment in Hong Kong’s Mid-Levels was put up for sale in what… Read More>>
Hong Kong has seen record levels of departures from its international airport in recent months and one such trip leads Mingtiandi’s roundup of personnel moves this week as a veteran retail broker heads home to the UK.
A pair of… Read More>>
A corporate bail-out drives the top item in Mingtiandi’s collection of personnel news this week as the rescue of mainland appliance retailer Suning has resulted in the company founder being replaced by an Alibaba executive.
Also in… Read More>>
In today’s roundup of regional news headlines, failed Chinese conglomerate HNA’s conference centre in Australia is seized by receivers, a Singapore-listed REIT picks up a Florida office building, and indebted developer Evergrande seeks liquidity from a bottled water IPO.
Savills China is beefing up its management team with the appointment of longtime CBRE executive Louisa Luo as country head of industrial and logistics.
Based in Shanghai, Luo will oversee strategic operations, business development and team management while continuing to… Read More>>
Savills Investment Management is taking its penchant for Korean partners to another level after its parent company agreed to sell a 25 percent stake in the fund manager to Seoul-based insurance giant Samsung Life for £63.75 million ($90.4 million).
The… Read More>>
Leading today’s set of personnel changes in Asia’s real estate industry is a Singaporean investment giant that has just seen some turnover at the top of its US unit. Also in the news, the manager of Hong Kong’s Link REIT… Read More>>
