Hong Kong’s office market may be mired in a slowdown, but one of mainland China’s biggest telecom providers is committing to more space in the city as it gets ready expand its 5G mobile service.
Telecom giant China Mobile has… Read More>>
Sun Hung Kai Teams Up with Ping An to Win Hangzhou Site for RMB 13.26B
A joint venture between Sun Hung Kai Properties and Ping An Insurance has won a land parcel in Hangzhou for RMB 13.26 billion ($1.88 billion), earning the right to develop 857,700 square metres (9.23 million square feet) of commercial and… Read More>>
HK Airlines President Quits as HNA Saga Continues and More Asia Real Estate Headlines
HNA’s ongoing Hongkong Airlines saga leads the Mingtiandi roundup of Asia news again today as the financially challenged mainland investment conglomerate plays out its own version of Game of Thrones in the boardroom.
In other news around the region, Guangzhou-based… Read More>>
Henderson, Wheelock and New World Lead HK$12.6B Kai Tak Land Buy
Hong Kong’s Lands Department on Tuesday announced that a consortium of six developers had won the third-largest residential plot on what had been the runway of Hong Kong’s former Kai Tak airport for a record HK$12.6 billion ($1.6 billion).
The… Read More>>
HK Home Sales Surge to Eight Year High and More Asia Real Estate Headlines
In our round up of what’s hitting the real estate headlines in Asia today, Hong Kong surges ahead with reports of panic property buying and dubious land payments, but drops behind in the race to be the best investment destination… Read More>>
GIC, COFCO Said Piloting Mainland REIT and More Asia Real Estate Headlines
The launch of India’s first REIT last month may have served as a wake up call for Chinese regulators, who have been millimetring toward listed property trusts for more than a decade, but now seem ready to launch a pilot… Read More>>
Blackstone-Embassy India REIT IPO 2.5 Times Subscribed and More Asia Real Estate Headlines
India, Hong Kong and Singapore all had their own happy stories today, leading with the Blackstone-Embassy REIT being oversubscribed on the last day of its IPO. In Hong Kong, the city’s biggest developer saw its former co-chairman released from jail… Read More>>
Sun Hung Kai Snaps Up Second Plot Near Guangzhou High-Speed Rail Station
Hong Kong-listed Sun Hung Kai Properties announced on Friday that it had won a tender for a second plot of land near Guangzhou’s Qingsheng high speed rail station at a price of RMB 1.19 billion ($177 million).
The company controlled… Read More>>
SHK Could Double Mainland Portfolio and More Asia Real Estate Headlines
Blue-chip Hong Kong developer Sun Hung Kai Properties leads Mingtiandi’s collection of news stories from around Asia today as the company announces that it intends to nearly double its investment portfolio in Mainland China by 2023 on the same day… Read More>>
Sun Hung Kai Wins Site in Hong Kong’s Tai Po for HK$6.31B
Hong Kong developer Sun Hung Kai Properties has won a residential parcel in Hong Kong’s New Territories for HK$6.31 billion ($804 million), according to an announcement by the city’s Lands Department, snatching up the Tai Po project for a higher… Read More>>
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