Leading today’s Hong Kong real estate news, the city has sold HK$56.4 billion worth of properties in just 26 days in January. Also in the headlines, a Hong Kong property tycoon says the city’s real estate market will be dominated… Read More>>
Shui On Group’s $701M Dalian Project Sale Hits a Snag
Companies belonging to Shui On Group have signed contracts to sell over RMB 8 billion in projects in the past two months, but the Shanghai-based property firm may have to wait a bit longer to receive at least half that… Read More>>
Asia Real Estate People in the News 2017-11-27
Sometimes, the biggest HR news in the real estate world involves people staying put, such as the re-election of the chairman of one of the world’s largest construction firms. There have been plenty of job changes too, with a Singaporean… Read More>>
Shui On Sells Dalian Tiandi to Yida China in $701M Deal
Shui On Land is selling off its mixed-use Dalian Tiandi project to a Chinese business park builder in a deal totalling RMB 4.65 billion ($701 million), marking the latest in a seemingly endless series of asset sales by the developer… Read More>>
Shui On Sells 49% Stake in Shanghai KIC Project for $443M
Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in Shanghai for RMB 2.95 billion ($443.1 million), as chairman Vincent Lo continues to bail out the developer’s balance sheet.
Through… Read More>>
New World Plans Kowloon West Commercial Hub and More Asia Real Estate Headlines
Leading today’s headlines, one of Hong Kong’s biggest developers hopes to cash in on the city’s hunger for commercial space by fostering a new commercial hub in Kowloon West, while one of China’s biggest developers of homes now hopes to… Read More>>
Shui On Selling Chongqing Tiandi to China Vanke for RMB 4.1B
Shui On Land which developed one of China’s landmark real estate projects in Shanghai nearly two decades ago, has agreed to sell off a set of projects in Chongqing to China Vanke for RMB 4.1 billion ($598 million), according to… Read More>>
Li Ka-shing Predicts 2 More Years of HK Home Price Hikes and More Asia Real Estate Headlines
Hong Kong’s richest man can’t take it with him, but he can still shed tears of joy over the cash he’s making from the city’s booming real estate market, while Vincent Lo convinces an SCMP reporter that Shui On is… Read More>>
Shui On Said Selling Stake in Shanghai Project for $1.6 Bil
Shui On Land, in a bid to pare its debts, is reported to have signed a memorandum of understanding with a buyer to sell off a 50 percent stake in its Ruihong Xincheng mixed-use project for RMB 8 billion ($1.16… Read More>>
Shui On to Sell Shanghai Homes for RMB 300k Per SQM and More Asia Real Estate Headlines
Shanghai-based Shui On Land is hoping the city’s property boom lasts long enough for it to sell homes near its Xintiandi complex for RMB 300,000 ($44,000) per square meter, while on the Hong Kong stock exchange, investors are already selling… Read More>>
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