Asia real estate and outbound investment news
Hong Kong’s MTR Corporation has awarded a residential development in a southern district of the city to a consortium formed by Kerry Properties, Swire Properties, and Sino Land.
The trio of local developers is reported to be paying a HK$6.76… Read More>>
Hong Kong-listed Swire Properties has teamed up with China Motor Bus Company to redevelop a former bus depot in eastern Hong Kong into a large combined residential and commercial space, according to a Swire representative who spoke with Mingtiandi.
The… Read More>>
JLL, the world’s second largest property consultancy by revenue, announced on Thursday that it would pack up its office in the city’s traditional business centre of Admiralty and move to One Taikoo Place in Quarry Bay next year.
The Chicago-based… Read More>>
Top three mainland developer China Vanke had a busy month in July, spending more than RMB 25.4 billion to add 33 new real estate projects around the country as it pushed to expand its land bank via project acquisitions in… Read More>>
Leading today’s Hong Kong real estate news, strong property income has helped Swire Pacific to offset its losses in aviation and marine services. Also in the headlines, mortgage offered by government-owned agency jumped by 30 percent last year. All these… Read More>>
Merlin Swire will take over as chairman of blue chip Hong Kong developer Swire Properties as the sixth-generation Swire family scion moves into the top role for the Swire Pacific group, as well as its real estate and aircraft divisions.
Singapore’s sovereign wealth fund is said to be leading the race to buy a 40 percent stake in an Indian commercial developer for around $1.8 billion, while elsewhere in the headlines Dalian Wanda returns to its hometown in China’s frozen… Read More>>
Despite news of a downturn, and a supposed seasonal lull for the summer, China’s real estate community showed a large number of moves this week, even at the senior level. We have a Siemen veteran moving to Singapore, Fosun bringing… Read More>>
CITIC Real Estate, Dalian Port Real Estate and Swire Properties jointly announced today that the three parties have signed a framework agreement to jointly develop a project in Dalian Port.
The signing took place in Dalian. Song Chuan, Chief Executive… Read More>>
A fund managed by Singaporean real estate developer Mapletree set new records for land prices in Hong Kong’s Kowloon district recently with its purchase of a commercial site for HK$3.77 billion (US$486 million).
The successful bid by Mapletree investments, beat… Read More>>
