Asia real estate and outbound investment news
Henderson Land and Swire Properties have completed their acquisition of a set of ageing buildings in Hong Kong’s Quarry Bay at a valuation of HK$6.3 billion ($806 million) after securing the remaining spaces at a public auction Tuesday.
The compulsory… Read More>>
Swire Properties is picking up a 40 percent stake in two mixed-use projects in Shanghai’s Pudong district at a combined value of $1.33 billion through separate joint ventures with government-backed Lujiazui Group, including a previously announced joint development in the… Read More>>
Top level changes at a pair of Hong Kong-listed real estate companies top this week’s roundup of personnel moves from around Asia Pacific, with a REIT of mainland logistics properties naming a new chairman and a local developer saying farewell… Read More>>
In today’s roundup of regional news headlines, Singapore’s Ho Bee Land posts a six-month loss tied to the falling value of its London properties, and Chinese developer Fantasia’s shares tumble after a long trading halt. Also making the list are… Read More>>
Henderson Land and Swire Properties have moved a step closer to redeveloping a site in Hong Kong’s Quarry Bay with a joint venture between the two property heavyweights recently winning approval for an auction which would pave the way for… Read More>>
The price for a developer to maintain occupancy in a prime office property in Hong Kong’s declining market might just be a 12 percent rent cut, according to operating statistics released by one of the city’s top commercial landlords late… Read More>>
Don Taylor, director of the office division at Swire Properties, will join a panel discussion on Hong Kong commercial hubs at the Mingtiandi Hong Kong Focus Forum on 27 June. Tickets to the event are available via the Register link… Read More>>
In today’s roundup of regional real estate headlines, Hong Kong’s Swire Properties reveals plans for the last phase of its Brickell Key complex in Miami, and a report says the Chinese government is readying another round of support measures for… Read More>>
Mingtiandi leads off its first set of people moves for May with the appointment of new leadership for one of Asia Pacific’s longest-standing investment strategies. Also making our list this week are board level moves at Ping An Insurance, China… Read More>>
Swire Properties posted a 9 percent decline in its full-year underlying profit, primarily due to a reduction in income from the sale of car parking spaces at the Hong Kong-based developer’s Taikoo Shing residential project in Quarry Bay.
Underlying profit… Read More>>
