In today’s roundup of regional news headlines, Hong Kong’s Link REIT is reportedly seeking to buy half stakes in three Sydney shopping centres held by Singapore’s GIC, New World Development submits a plan to scrap and rebuild a defective part… Read More>>
Swire Properties Reports 49% Jump in Profit as Greater China Market Recovers
Real estate markets in Hong Kong and mainland China have begun to bounce back from the trauma of the COVID-19 pandemic, and that rebound is helping to drive encouraging results for one of the region’s largest commercial developers.
Swire Properties… Read More>>
Swire’s Tale of Two Districts Reveals HK Office Tenant Flight to Value
The latest financial results released by blue chip developer Swire Properties highlight a growing trend in Hong Kong’s office market, as large occupiers flee the punishing prices of the city’s traditional business hubs in favour of lower rents at high-spec… Read More>>
Merlin Swire Steps Down as Chair of Swire Properties, Swire Pacific
After steering his family’s 200-year-old empire through some of Hong Kong’s most turbulent times in recent memory, Merlin Swire is stepping down as chairman of Swire Properties and Swire Pacific, according to an announcement to the Hong Kong stock exchange… Read More>>
Swiss Bank Joins Exodus From Hong Kong’s Central and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Swiss private bank Julius Baer makes plans to move from its base in Hong Kong’s Central to Quarry Bay, China’s SF Holdings launches the $340 million IPO of its spinoff REIT, and renewed… Read More>>
Ivanhoe Cambridge in Proptech Partnership and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Canada-based real estate investor Ivanhoe Cambridge joins forces with US venture capital firm Fifth Wall on a proptech partnership, food giant Nestle is reportedly allowing its entire workforce in mainland China to work… Read More>>
Asia Real Estate People in the News 2021-03-15
Leading today’s set of personnel changes in Asia’s real estate industry is a Singaporean investment giant that has just seen some turnover at the top of its US unit. Also in the news, the manager of Hong Kong’s Link REIT… Read More>>
Swire Properties, Hongkong Land Look to Turn Page After 2020 Profit Hits
A pair of blue chip Hong Kong developers on Thursday reported financial results that documented the impact of the COVID-19 pandemic on the city’s biggest landlords, with both Swire Properties and Hongkong Land Holdings reporting plunging profits.
Despite Hongkong Land… Read More>>
Manulife Biggest Investor in HK$9.8B Buy of Swire’s Cityplaza One in Hong Kong
Hong Kong’s biggest building sale of 2020 closed on one of the last days of the year, with sign-off on the trade of Swire Properties’ Cityplaza One in Taikoo also bringing to light the deal’s largest investor.
While a consortium… Read More>>
China Logistics Properties Stake on Block for $1B and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, China Logistics’ two biggest shareholders set in motion a plan to sell a 50 percent stake in the firm, a Hong Kong mixed-use property formally changes hands, and Singapore developer CDL obtains… Read More>>
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