A joint bid by Singapore-based Far East Organization and Hong Kong’s Sino Group has won a tender for a commercial and residential site in the leafy Jalan Anak Bukit area of central Singapore, with the S$1.03 billion ($770 million) offer… Read More>>
Korea Halts Warehouse Projects After Fire and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korea pauses warehouse development as lawmakers work on upgrading safety standards after a June fire, Singapore-listed Keppel DC REIT announces plans to sell an Australian data centre, and developer Sino Land’s profit… Read More>>
Far East Org, Sino Make 3 of 5 Bids for Bukit Timah Site and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, sister firms Far East Organization and Sino Group place multiple bids for a Singapore development site, Hongkong Land adds to its pile of sustainability-linked loans, and China’s fresh grads struggle to pay rents… Read More>>
Sino Land Buying Raffles City Stakes From CapitaLand, GIC for $252M
Hong Kong developer Sino Land is sticking around at CapitaLand’s Raffles City Shanghai mixed-use development, agreeing to pay S$339 million ($252.1 million) to maintain its effective stake in the property’s mainland-based owner at 22.35 percent.
The deal enables the developer… Read More>>
Chinachem to Renovate Hong Kong’s Central Market and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, a local developer secures the rights to operate a historic Hong Kong market, ESR signs up a big tenant for a temperature-controlled Sydney warehouse, and a poll finds observers bracing for government… Read More>>
Hong Kong’s MTR Sells Last Lohas Park Site for HK$20B and More Asia Real Estate Headlines
A Hong Kong land sale leads today’s real estate news from around the region, with a trio of local developers teaming up with Shenzhen’s China Merchants Land to purchase the last phase in the MTR’s Lohas Park project.
Indian REITs… Read More>>
TikTok Owner Bytedance Expands in Singapore and More Asia Real Estate Headlines
Singapore office landlords received some good news today as China’s Bytedance follows through on earlier talk of expanding its presence in the city-state with three-storey lease near Raffles Place.
While the maker of TikTok is enlarging its office footprint, Singapore’s… Read More>>
Jordan Shop Sells for 50% Off and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a retail unit in Kowloon’s Jordan area was sold for HK$19 million — 50 percent below the original asking price. In the residential realm, a villa at Henderson Land’s Beverly Hills project in… Read More>>
Kerry, Swire, Sino Land Win MTR Site in Hong Kong for Reported HK$6.8B
Hong Kong’s MTR Corporation has awarded a residential development in a southern district of the city to a consortium formed by Kerry Properties, Swire Properties, and Sino Land.
The trio of local developers is reported to be paying a HK$6.76… Read More>>
Singapore Condo Owners Try Again for Collective Sales and More Asia Real Estate Headlines
Sales of new condos continue to slide in Singapore, but home owners in a pair of major projects in the city-state are still trying for collective sales of their homes, with one complex making its fifth attempt to find a… Read More>>
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