A luxury house on Hong Kong’s Victoria Peak has reportedly sold at a 26.5 percent discount from the seller’s original asking price, after going unpurchased for the past seven months, according to local media accounts.
House No 5 at 28… Read More>>
Asia real estate and outbound investment news
A luxury house on Hong Kong’s Victoria Peak has reportedly sold at a 26.5 percent discount from the seller’s original asking price, after going unpurchased for the past seven months, according to local media accounts.
House No 5 at 28… Read More>>
Hong Kong’s MTR Corporation, is said to have launched a tender for a lot in the New Territories that could carry a land premium of HK$2.7 billion ($344 million) in what will be Hong Kong’s largest residential estate.
The sale… Read More>>
Hong Kong-listed Sun Hung Kai Properties announced on Friday that it had won a tender for a second plot of land near Guangzhou’s Qingsheng high speed rail station at a price of RMB 1.19 billion ($177 million).
The company controlled… Read More>>
Keppel Capital’s Korean unit has been named the preferred buyer for a trio of Seoul office buildings valued at a combined KRW 450 billion ($400 million), according to a report in The Korea Economic Daily.
The private equity unit of… Read More>>
Warburg Pincus-backed logistics real estate platform ESR has filed for an initial public offering in Hong Kong, according to a notice late Friday to the Hong Kong stock exchange. The stock market listing should bring in at least $1 billion,… Read More>>
CapitaLand announced on Monday that it has topped out the 1.2-million-square-metre Raffles City in Chongqing, a month after the Singapore-listed firm announced the S$11 billion acquisition of fellow government-backed developer Ascendas-Singbridge, its partner in the project.
Now structurally complete, the… Read More>>
Australia-based Chinese developer Golden Age and partner US investment firm Starwood Capital have shelved plans for a A$600 million ($427 million) Melbourne apartment and hotel complex, and are reportedly selling the site to Proprium Capital Partners Australia amid a slowing… Read More>>
India’s Goods and Services Tax Council announced on Sunday that the country would lower taxes on unfinished and affordable homes, as Prime Minister Modi’s ruling Bharatiya Janata Party strives to boost the real estate sector ahead of the general elections… Read More>>
Aberdeen Standard Investments (ASI) announced on Monday that it has acquired Hong Kong-based Orion Partners for an undisclosed amount, adding the 19-year-old Asia-focused firm and its approximately $900 million of direct real estate investments in the region to the UK… Read More>>
Morgan Stanley Real Estate Investing has bought a majority stake in KSH Infra Pvt. Ltd, a Pune-based warehousing and logistics park developer for a reported INR 3.5 billion ($49 million), adding to the close to $2.3 billion poured into India’s… Read More>>