Despite drawing 11 bids from interested developers, a residential site in Hong Kong’s New Territories sold for less than half of 2022 rates this past week, as the city’s housing market continues to slide.
A unit of developer Sun Hung… Read More>>
Samsung Eyes $724M Buyback of Seoul Office Tower and More Asia Real Estate Headlines
South Korean multinational Samsung leads Mingtiandi’s headline roundup today, as the company looks to buy back a Seoul office building it once owned. Also making the list, Hong Kong’s SHKP wins a government land tender in the New Territories and… Read More>>
Chinese Developer Ordered to Liquidate in Hong Kong and More Asia Real Estate Headlines
The liquidation of yet another mainland developer leads Mingtiandi’s headline roundup today as Dexin China is ordered wound up. ESR is also in the news as it looks to sell a Sydney data centre site and WeWork names a new… Read More>>
Tycoon’s Son Seeks $62M for Singapore Mansion and More Asia Real Estate Headlines
A scion of a Singapore department store dynasty seeks to sell his good-class bungalow for $62 million, with that story leading Mingtiandi’s headline roundup today. South Korea’s KIC also makes the list as it allocates $400 million for domestic asset… Read More>>
Guangzhou R&F Selling UK Project for Third Time and More Asia Real Estate Headlines
One of China’s most creative developers leads today’s headline roundup with Guangzhou R&F setting a new Mingtiandi record by selling a project in South London for the third time. KKR also makes the news today with a REIT managed by… Read More>>
Country Garden Family Reap $50M Windfall Despite Default and More Asia Real Estate Headlines
Country Garden’s Yang Huiyan and family will bag $50 million in dividends from a stake in the Chinese developer’s services arm, with that story leading Mingtiandi’s headline roundup today. UBS is also making news as it plans to take more… Read More>>
Hong Kong Central Bank Moving Staff to Kowloon and More Asia Real Estate Headlines
The quest for affordable office space in Hong Kong leads today’s roundup of real estate headlines from around Asia as the city’s de facto central bank leases a few floors in Tsim Sha Tsui. The HKMA also makes the list… Read More>>
WeWork Dublin Tower Seized From Hana and More Asia Real Estate Headlines
Europe’s office crisis is causing havoc for Korean investors, with an account of creditors seizing a Dublin office complex leading Mingtiandi’s headline roundup today. Also in the news, Country Garden is hit with a wind-up petition in Hong Kong and… Read More>>
ESR-Pimco India JV Drops Attempted Stake Sale and More Asia Real Estate Headlines
An ESR joint venture with Pimco Prime Real Estate (formerly Allianz) is said to have dropped its effort to sell a majority stake in an India warehouse platform, with that story leading today’s headline roundup from around the region. Also… Read More>>
URA to Suffer $192M Loss on Sale of Kowloon Project and More Asia Real Estate Headlines
Hong Kong’s Urban Renewal Authority leads today’s headline roundup as the government agency takes a $192 million hit on its sale of a project in Kowloon’s Kai Tak area last week. Also in the news, China’s new home prices fall… Read More>>
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