Leading today’s roundup, Philippine President Rodgrigo Duterte has opened the gates for offshore gambling operations and the result has been a Chinese-fuelled run on Manila property. And with casinos already firmly established in Singapore, the city-state’s residents are now continuing… Read More>>
A trio of mainland conglomerates are claiming the attention of market watchers today, with HNA leading the news with a missed attempt at a $1.4 billion IPO in Switzerland. The troubled investment firm’s tech counterpart looks to be in worse… Read More>>
As China’s biggest investors were warned off from overseas deals last year and a crackdown on outbound cash killed off cross-border real estate acquisition, Hong Kong still seemed a safe-haven for mainland money. But nothing changes faster in 2018 than… Read More>>
Wan Chai leads the Hong Kong real estate headlines on this last day of the rooster year, as a set of strata office units sell for a record HK$55,000 per square foot. Also in the headlines, property price growth is… Read More>>
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>>
China is famous for its paperwork, but many Mingtiandi readers may not yet know about the three different purchase contracts often being used to buy housing in the country’s heavily regulated markets. Also in the news today, Starbucks goes super-venti… Read More>>
The Hong Kong government has awarded a waterfront site in Cheung Sha Wan to a consortium of five Hong Kong and mainland developers for HK$17.28 billion ($2.21 billion), breaking price records for residential land in the city.
The winning consortium,… Read More>>
Private equity superstar Barry Sternlicht’s Starwood Capital Group and Chinese developer Shimao Property Holdings are planning a $200 million China hotel joint venture, according to a conversation between Shimao executives and industry analysts this week.
Shimao will own a 51… Read More>>
China’s government leaders have just finalised plans and priorities for the coming year, and high on the list is taming the country’s housing bubble. This approach makes a major departure from the agenda set last year, when reviving the housing… Read More>>
China’s most indebted developer dug itself in even deeper today, and investors punished the company’s stock today after core profit slid nine percent. Plus, Carlyle raises money to for an Asian acquisition drive and that big developer with the falling… Read More>>