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.
Swire Properties is in talks to sell an warehouse in Hong Kong’s Tsing Yi area for a reported HK$1.08 billion ($137.5 million) this month, with local media accounts having identified the buyer as Asian warehouse giant GLP.
“Swire Properties intends… Read More>>
Swire Properties’ chief executive Tim Blackburn has concluded a fruitful trip to mainland China, securing a deal last week to develop a new mixed-use project in Shanghai’s Pudong district, breaking ground for Swire’s second luxury retail project in Guangzhou and… Read More>>
In today’s roundup of regional news headlines, Singapore leaps three spots to third place in a ranking of global financial centres, superseding No.4 Hong Kong for tops in Asia. Meanwhile, Hong Kong takes a step towards rectifying its troubles, announcing… Read More>>
In today’s roundup of regional news headlines, a court case on China Evergrande’s potential winding-up is adjourned until November, sales at a high-profile housing project in Hong Kong’s Kai Tak launch at a 10 percent discount, and Swire Properties zeroes… Read More>>
Flexible office giant IWG this past week announced the opening of a new venue occupying all 18 floors of Swire Properties’ 8 Queen’s Road East in Wan Chai, adding 67,000 square feet (6,224 square metres) of flexible space to Hong… Read More>>
Taikoo Li Qiantan shopping mall, a Swire Properties joint venture in Shanghai’s Qiantan area, has apologised for violating Chinese data privacy rules after it shopping app caught the attention of a local consumer watchdog.
The state-run Shanghai Morning Post said… Read More>>