WeWork is planning to triple its number of locations in Hong Kong to at least 18 within the next two years, Alan Ai, general manager of WeWork Greater China, said at the opening ceremony of the flexible office provider’s first… Read More>>
Sun Hung Kai Bets Big on London with £1B Residential Project
Hong Kong’s largest developer has made one of the biggest bets of the year on London’s housing market as a joint venture led by Sun Hung Kai Properties has purchased a pair of sites in the UK capital with plans… Read More>>
Dr M Says Country Garden Johor Project Can Sell Overseas and More Asia Real Estate Headlines
Overseas buyers of tropical condos in Country Garden’s $100 billion Forest City project in Malaysia no longer need to worry about losing their homes – they just won’t be able to live in them, according to the latest update from… Read More>>
Aussie Brokerage Collapses in China as Cash Goes Missing and More Asia Real Estate Headlines
A case of missing money leads today’s real estate headlines as an Australian real estate brokerage tries to figure out what happened to its mainland marketing representative, who appears to have gone missing, along with millions of dollars in deposits.
Blackstone Picks BOA, MS, JPM for $1B India REIT and More Asia Real Estate Headlines
US alternative investment giant Blackstone leads the region’s real estate news again today as the New York-based firm lines up banks to back an upcoming India REIT listing. Also in our headline roundup, the family behind Singapore’s Far East Organisation… Read More>>
36 Developers Line Up for Hong Kong MTR’s HK$36B Wong Chuk Hang Site
A mixed-use plot atop MTR Corporation’s Wong Chuk Hang station said to be worth up to HK$36 billion ($4.6 billion) has generated 36 expressions of interest from developers including Sun Hung Kai Properties, CK Asset and New World Development.
The… Read More>>
Victor Li Denies HK$35B Sale of Hutchison House and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, recently crowned CK Asset boss Victor Li is in the news again, as the developer denies reports of an impending sale of one of its most valuable office assets.
Also in the headlines,… Read More>>
Homeowners to Spend 70% of Income on Mortgage and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, locals lucky enough to buy a new home will soon be spending an average of 70 percent of their monthly income on mortgage repayment, up from the previous 60 percent as mortgage rates rise,… Read More>>
Mainland Bank Leases 8 Floors in Wan Chai and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong roundup, Shanghai Pudong Development Bank — currently headquartered in Central’s Bank of America Tower — has preleased eight floors in Chinachem’s One Hennessy office project in Wan Chai for a record-breaking rent. Together with mainland co-working… Read More>>
Chun Wo Project Found Using Substandard Steel and More Hong Kong Real Estate Headlines
Steel problems carried a housing redevelopment project in Hong Kong’s Sau Kei Wan area into the news this week as a subcontractor was found to have used substandard rebar on the 4,000 unit government subsidised project. Also in the headlines,… Read More>>
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