Hong Kong’s Sino Land continues to snap up Kowloon residential sites at bargain prices, with the local builder and partners China Merchants Land and Great Eagle Holdings winning a tender this week for a project in the Kai Tak area… Read More>>
Sino Land JV Wins Kai Tak Plot with Bargain $680M Bid in Depressed Hong Kong Market
A consortium led by local builder Sino Land has won a tender for a residential plot in Hong Kong’s Kai Tak area with a bid of HK$5.35 billion ($680 million), representing a nine-year low for a government land premium at… Read More>>
Asia Real Estate People in the News 2023-08-14
New leadership for Lendlease’s SGX-listed REIT leads this week’s collection of personnel updates around Asia, with top level moves at US fund manager AEW and the asset management affiliate of Germany’s Deutsche Bank also making the list.
Hong Kong-Backed Star Admits Aussie Casino Guilt and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Aussie casino operator Star Entertainment owns up to illegally allowing chip purchases using credit cards, and Japan’s Star Asia REIT secures first dibs on a Tokyo student housing property.
FEC,… Read More>>
Sino Land, China Merchants Win Site in Hong Kong’s To Kwa Wan With $300M Bid
A consortium of Hong Kong-based Sino Land and mainland builder China Merchants Land has won the tender for a redevelopment site in Kowloon’s To Kwa Wan area with a lower-than-expected bid of just under HK$2.39 billion ($300 million).
The Urban… Read More>>
Ascendas India Trust Targets L&T Assets and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Ascendas India Trust is reportedly in talks to acquire L&T Realty’s commercial portfolio, Chinese developer Shimao gets permission from creditors for an onshore bond extension, and buyers snap up flats at a… Read More>>
Evergrande Gets Extension on $1.2B in Domestic Bonds and More Asia Real Estate Headlines
China Evergrande leads the news again today after the mainland’s most indebted developer won some extra time to repay its onshore debt. Also making the list, famous US investor Jim Chanos says that cloud providers like Amazon could spell trouble… Read More>>
Hong Kong Named Priciest City for Expats and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong reclaims its crown as the costliest city in which to live and work overseas, even as an expat exodus drags down luxury residential rents. Mainland developer Vanke, meanwhile, is calling the… Read More>>
Hulic to Develop Tokyo Data Centre and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Japanese developer Hulic eyes construction of a data centre in Tokyo’s Nihonbashi area, China Resources Land obtains a one-year credit facility, and a director of Singapore-listed Hwa Hong voices concerns about the property… Read More>>
Perennial, Sino Land, Far East JV Buying Singapore’s Golden Mile for $505M
Perennial Holdings has teamed up with Far East Organization and its Hong Kong-based sister firm Sino Land to buy the Golden Mile Complex in Singapore for S$700 million ($505 million), as they plan to transform the iconic property into an… Read More>>
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