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>>
Asia Real Estate People in the News 2023-08-21
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>>
Ho Bee Land Stung by $115M First-Half Loss and More Asia Real Estate Headlines
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>>
Swire, Henderson Close in on $806M Residential Project in Hong Kong’s Quarry Bay
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>>
Swire Cuts Pacific Place Rents by 12% as Hong Kong Office Slide Hits Prime Segment
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>>
Swire Properties’ Don Taylor Joins Commercial Hub Panel at Mingtiandi Hong Kong Forum
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>>
Swire Unveils $1B Finishing Touch to Miami Project and More Asia Real Estate Headlines
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>>
Asia Real Estate People in the News 2023-05-01
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 Underlying Profit Falls 9% as Regional Investment Plan Barrels Ahead
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 Buys 40% Stake in Bangkok Residential Site From HKRI for $73M
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>>
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