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.
GIC Leads Race to Buy Stake in Indian Developer and More Asia Real Estate Headlines
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>>
China Real Estate People in the News 2014-08-04
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 and Swire Plan 295K Sqm Mixed-Use Project in Dalian
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>>
Mapletree Sets Records with HK$3.77B Buy of Hong Kong Site
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>>
Swire Rental Income Nearly Triples So Far in 2012
Swire, the Hong Kong developer behind Beijing’s Sanlitun Village mall has seen its income nearly triple in the first half of 2012 and much of this is due to rising rents on China’s mainland.
Interviewed recently by Bloomberg TV in… Read More>>
Hong Kong Mall Builders Go West in China – and more of Today’s China Real Estate Links | May 9, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
Hong Kong developers are heading deeper into China to lure shoppers, investing at… Read More>>