Sun Hung Kai Properties reported a full-year profit attributable to shareholders of HK$23.9 billion ($3 billion), down 6.5 percent, as the developer controlled by Hong Kong’s Kwok family narrowed its investment losses and reported solid residential sales in the city.
Asia Real Estate People in the News 2023-08-07
Infrastructure is in style and one of Canada’s largest pension funds leads this week’s collection of personnel moves from around Asia Pacific with its appointment of a new head of infrastructure overseeing its global operations. Also the making the list… Read More>>
ESR-Logos REIT Selling Singapore Warehouse and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed ESR-Logos REIT agrees to sell a warehouse in the city-state’s western region, and Chinese banks underwhelm with a modest reduction in the mortgage reference rate. Also in the news, another deal for… Read More>>
Weave Opens Project in Hong Kong’s Mid-Levels and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Weave Living opens its latest rental residential property in Hong Kong’s Mid-Levels, US-based Equinix eyes a second Malaysia data centre, and China property stocks tumble amid an uncertain economic recovery.
NPS Tests Market for Aussie Shed Portfolio and More Asia Real Estate Headlines
In today’s look at the real estate headlines from around the region, a Korean pension fund is about to benchmark demand for Aussie sheds and Morgan Stanley sees Hong Kong homebuyers losing their property lust. Also in the news, you… Read More>>
China Developer Home Sales Rise for Third Month and More Asia Real Estate Headlines
China’s recovering housing market leads today’s set of headlines from around the region as the mainland’s top developers grew their contracted sales for a third straight month in April. Also making the list today, Hong Kong’s MTR aims to spice… Read More>>
Sunac China Shares Drop 59% as Trading Resumes and More Asia Real Estate Headlines
One of China’s largest developers was able to resume trading of its shares on the Hong Kong exchange today, with investors promptly selling off equity in the defaulting builder. Also making our headline roundup today is a data centre joint… Read More>>
SHKP Preps Townplace West Kowloon ‘Aparthotel’ for Second-Half Launch
Sun Hung Kai Properties plans to debut the flagship property under its Townplace rental residential brand in the second half of 2023, with the blue-chip builder touting the West Kowloon project as Hong Kong’s first large-scale “aparthotel”.
Located at 10… Read More>>
Blackstone Chases $660M for Sydney Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Blackstone looks Down Under for its latest potential asset disposal, and China’s government ponders a novel method to maintain state control of private firms.
Blackstone Could Fetch A$1B as It… Read More>>
Keppel Land Exiting Myanmar Hotel Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s Keppel Land sells out of a Myanmar hotel development, and insurance giant Ping An Group says it’s on the hook for about a fourth of the estimated damage bill from the Kimpton… Read More>>
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