Several high-profile property execs are changing jobs and updating their titles in this week’s edition of People in the News, with a real estate investment veteran joining a global private equity giant and a top property group gaining a new… Read More>>
10 Bidders Said to Offer Up to $479M for Kowloon Hotel Site
A waterfront hotel site in the Cheung Sha Wan area of Hong Kong’s New Kowloon may sell for as much as HK$3.74 billion ($479 million), following a competitive public tender that closed on Friday after drawing 10 bids.
The site,… Read More>>
Sino Land Sells 11,000 Unit Chengdu Project to Shenzhen Developer for $1.3B
Sino Land became the latest Hong Kong developer to unload a mainland project by selling off 80 percent of a residential-led development in the southwestern China city of Chengdu to a Shenzhen-listed developer for HK$10.51 billion ($1.34 billion).
Shenzhen Overseas… Read More>>
Sino Land Grabs Waterfront Hong Kong Home Site for HK$1.38 Bil
Hong Kong developer Sino Land has outbid dozens of rivals to win a residential land site in the New Territories for HK$1.38 billion ($176.7 million), setting a new price record for Hong Kong’s Ma On Shan area in Sha Tin.
Gambling Giants Rush to Invest $10B for Japanese Casinos and More Asia Real Estate Headlines
The big news today could make pachinko passe as Japan gets ready for the 21st century money-milking machines that are modern casinos. While Melco Crown’s Lawrence Ho looks to Japan for his next deal, China Vanke has found a way… Read More>>
McD’s Flips China Business to CITIC and Carlyle for $2B and More Asia Real Estate Headlines
Mickey D’s has decided that selling out may be its best mainland strategy in 2017 – especially as it involves taking in more than $2 billion from CITIC and Carlyle. Also in today’s headlines, developer CSI cashes out in Causeway… Read More>>
Li Ka-Shing Sees HK Home Prices Rising Despite Curbs and More Asia Real Estate Headlines
Hong Kong’s richest man predicts the city’s home prices will continue to climb in 2017, despite government curbs and a surge of supply. Also in the news today, a Chongqing developer hopes to make a £500 million deal in London,… Read More>>
Shanghai Banks Told Not to Lend to Property Industry and More Asia Real Estate Headlines
The headlines are full of stories of the Chinese government clamping down on credit to the real estate industry today, including comments from a top banking regulator saying that property loans are not a big issue. In other news, Hong… Read More>>
China’s HNA to Buy Carlson Hotels Group and more Greater China Real Estate Headlines
The parent company of Hainan Airlines continued its battle for the “Big Chinese Investor” crown this week by picking up its own US hotel chain, while another big buyer, Wang Jianlin again lost his title as Asia’s wealthiest man to… Read More>>
Mainland Developers Challenging HK Cartel on Their Home Turf – and more of today’s China Real Estate Links | July 20, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
The likes of Sino Land Co. Ltd., Henderson Land Development Co. Ltd…. Read More>>
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