Asia real estate and outbound investment news
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>>
Swire Properties has acquired a 40 percent interest in a residential development site in central Bangkok for THB 2.4 billion ($73 million), with the Hong Kong-based developer making good on a pledge to beef up its pipeline of projects in… Read More>>
Top-level moves in Hong Kong lead this week’s collection of personnel changes in Asia’s real estate world, with a logistics REIT changing over non-executive directors, a fund manager making a promotion on its property team and a listed developer adding… Read More>>
In today’s roundup of regional news headlines, the Bank of Japan’s U-turn on ultra-low rates triggers heartburn among mortgage borrowers, and Singapore awaits an influx of new housing supply.
Japanese Homeowners Face an Unfamiliar Headache: Higher Mortgages… Read More>>
Swire Properties is expanding its Pacific Place portfolio eastward from Hong Kong’s Admiralty into Wan Chai district, having dubbed a 24-storey office tower on Queen’s Road East as Six Pacific Place earlier this month.
Set to be completed in the… Read More>>
In today’s roundup of regional news headlines, developer China South City sells down its stake in some Xi’an developments, India’s Phoenix Mills buys land for a future mall project, and Asia’s dollar-denominated junk bonds rally.
China South… Read More>>
Swire Properties is taking full ownership of a Chengdu mall through a deal to buy out Sino-Ocean Group’s interest in the 50:50 joint venture for RMB 5.55 billion ($800 million), as the mainland partner in the development grapples with a… Read More>>
Hongkong Land on Thursday announced that international auction house Sotheby’s has agreed to lease 24,000 square feet (2,229.6 square metres) of space at Landmark Chater, the three-storey retail podium of Central’s Chater House, with analyst sources who spoke with Mingtiandi… Read More>>
In today’s roundup of regional news headlines, a Singapore redevelopment project wins a record-setting green loan, Temasek Holdings admits to a $275 million hole in its portfolio after investing in troubled crypto exchange FTX, and mainland developer China Evergrande touts… Read More>>
Swire Properties has taken another step toward fulfilling a HK$50 billion ($6.4 billion) mainland China investment plan by partnering with state-owned China Tourism Group Duty Free Corporation Limited (CTG Duty Free) to develop a resort-style retail complex in Hainan province.
