Asia real estate and outbound investment news
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>>
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>>
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>>
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>>
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>>
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>>
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>>
Economic stress lead’s today’s real estate news from around the region, as an 80-year-old Hong Kong construction company could be up for demolition after missing a $150 million bond payment this week, and mainland China’s oldest investment conglomerate hopes to… Read More>>
Infamous for its 2015 debt defaults, developer Kaisa Group is back in the news this week with a new take on trouble, as the Hong Kong-listed firm now says that one of its Xi’an projects has been illicitly taken over… Read More>>
SUNeVision Holdings, a subsidiary of property giant Sun Hung Kai Properties, has won the tender for a data centre site in Hong Kong’s Tseung Kwan O district for HK$5.456 billion ($700 million), outbidding six other developers.
An announcement by the… Read More>>
