As if the possibility of getting tear gassed during a late night search for noodles isn’t enough, Hong Kong residents are now being warned by a Swiss bank that they need to worry about the value of their homes collapsing.
HK Airlines President Quits as HNA Saga Continues and More Asia Real Estate Headlines
HNA’s ongoing Hongkong Airlines saga leads the Mingtiandi roundup of Asia news again today as the financially challenged mainland investment conglomerate plays out its own version of Game of Thrones in the boardroom.
In other news around the region, Guangzhou-based… Read More>>
WeWork Said to Back Out of Five Hong Kong Lease Deals and More Asia Real Estate Headlines
Mainland investors are back in a buying mood, according to news reports from China today, but the world’s biggest co-working provider may be feeling suddenly budget-conscious in Hong Kong a new account from Reuters says. Meanwhile in Singapore, the landlords… Read More>>
AEW Buys Melbourne Office Tower for A$200M and More Asia Real Estate Headlines
Events in Australia, India and Japan command top coverage in Asia’s real estate industry today with US fund manager AEW adding a Melbourne office tower to its portfolio down under, while warehouse giant ESR takes on another Tokyo area project… Read More>>
China Said to Pick New Head for Sovereign Fund and More Asia Real Estate Headlines
Sovereign funds, Swiss banks and French châteaux feature in today’s real estate headlines from around the region as China’s CIC is said to have found a new chief among the ranks at the country’s Bank of Communications, and finance heavyweight… Read More>>
UBS, APG Set Up Japan Multi-Family Venture and More Asia Real Estate Headlines
Leading today’s real estate headlines, the global search for yield takes a Dutch pension fund and a Swiss asset manager into Japan’s rental apartment market for a new $175 million venture. A bit closer to the equator, US private equity… Read More>>
Hong Kong Home Prices Fall for the First Time in 29 Months
Hong Kong’s private home prices marked their first decline in 29 months only days after Hong Kong banks announced hikes in raising their benchmark lending rates for the first time in more than a decade. The city’s notoriously high home… Read More>>
First Mortgage Rate Hike in 12 Years Ends Cheap Borrowing Era in Hong Kong
After 12 years of enjoying rock-bottom interest rates, mortgage-holders in the world’s most expensive city in which to buy a home saw their days of cheap financing come to an abrupt end this past week as some 13 banks announced… Read More>>
Victor Li Buys UBS London Headquarters From GIC, British Land For $1.3B
Just one month after taking over from his father Li Ka-shing, Victor Li has signed his first high profile deal for CK Asset, snapping up the UBS headquarters in London from GIC and British Land for £1 billion ($1.3 billion).
Greenland Bets on E-Sports Arenas And More Asia Real Estate Headlines
Today’s news roundup takes a detour into China’s booming e-sports scene, with top-six mainland developer Greenland pledging to build stadiums and theme parks across the country’s biggest cities to cater to legions of computer gaming fanatics. Another top property group… Read More>>
