The financial muscle of one of China’s largest financial institutions was on display today as Sun Hung Kai Properties confirmed earlier reporting by Mingtiandi that Ping An Insurance was buying into its West Kowloon commercial project by announcing the mainland… Read More>>
Asia Real Estate People in the News 2020-03-09
In this week’s edition of People in the News, WeWork pushes on with its senior leadership re-building by hiring a former oil industry CFO, just over a month after the financially challenged company appointed a new CEO.
In other moves… Read More>>
Wanda Led China’s Top 10 Commercial Developers Again in 2019
Wang Jianlin’s Dalian Wanda Group may have been forced to unwind its overseas ambitions, but the billionaire’s property business in mainland China shows no signs of flagging after it hauled in operating income more than double that of its closest… Read More>>
SHK Hotel Business Takes a Beating and More Asia Real Estate Headlines
Hong Kong’s biggest developer by value leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company’s hotels business took a pounding in the second half of last year, with the group’s chairman… Read More>>
Ping An Said Investing in Sun Hung Kai West Kowloon Commercial Project
Less than two months after purchasing a West Kowloon project for HK$42.23 ($5.4 billion) Sun Hung Kai Properties is reported to have found a partner to join in building the largest commercial tower on the peninsula.
Ping An Real Estate… Read More>>
AXA Wins KRW 130B Korean Commitment to Euro Sheds Fund and More Asia Real Estate Headlines
Warehouses lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a South Korean pension fund is committing $111 million to a French insurer’s $1.6 billion European logistics fund.
In other news around the… Read More>>
Thomas Kwok Returns to SHK After Prison Sentence and More Asia Real Estate Headlines
A disgraced property tycoon leads the way in Mingtiandi’s roundup of real estate headlines today with the news that, nine months after completing a prison sentence for bribery, the real estate mogul is returning to the family business.
Kwok Family Buy 25% of SHK West Kowloon Project for HK$9.4B and More Asia Real Estate Headlines
Hong Kong’s richest family leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that the billionaire clan, which controls Sun Hung Kai Properties, has bought a 25 percent stake in the office portion of… Read More>>
Sun Hung Kai Buys West Kowloon Site for HK$42B as Market Slides
The Hong Kong government has sold the biggest plot of land ever put on sale in the Asian financial hub to Sun Hung Kai Properties for HK$42.23 billion ($5.4 billion), according to an announcement by the city’s Lands Department.
The… Read More>>
Li Ka-shing to Donate HK$1B to Support Hong Kong Businesses and More Asia Real Estate Headlines
Protests may have brought Hong Kong to a near standstill on Saturday, but events continue to move quickly for the city’s largest property developers as Henderson Land, Sun Hung Kai and CK Asset boss emeritus Li Ka-shing all announced new… Read More>>
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