Dalian Wanda Group, once one of China’s most aggressive cross-border investors, has now reportedly put up for sale more than $5 billion of its remaining property projects in the UK, US and Australia, after the Chinese government ordered a review… Read More>>
CapitaLand Opens Its Biggest Mall Ever in Suzhou
Southeast Asia’s largest developer has opened its biggest-ever shopping centre with the launch of the 300,000 square metre Suzhou Center Mall in the eastern Chinese city of Suzhou, as CapitaLand opens its eighth new retail development this year.
The seven-storey… Read More>>
PAG Calls for Strategic Review of Spring REIT as Management Battle Boils Over
Alternative investment manager PAG Real Estate is calling for an external strategic review of Spring REIT by January 2018, following a failed effort to remove the REIT’s manager at an extraordinary general meeting held last week.
The move comes less… Read More>>
Kowloon Waterfront Residential Site Could Sell for Record-Breaking $2.8B
Nearly a dozen mainland and Hong Kong developers have placed bids on a waterfront residential site that could be worth up to HK$22 billion ($2.82 billion) in Hong Kong’s Cheung Sha Wan area, following Sun Hung Kai’s purchase of an… Read More>>
Evergrande Raises $9.05B in Run-Up to Mainland Listing
China’s famously indebted developer now appears to be among the most sought after by investors, after China Evergrande Group attracted RMB 60 billion ($9.05 billion) in investment in the run-up to its long-awaited mainland listing.
Ranked as China’s largest developer… Read More>>
WeWork, naked Hub Battle for Hong Kong Co-Working Hegemony with New Centres
Global shared office giant WeWork is said to be renting three floors of a grade A office tower in Quarry Bay to launch its latest venue in Hong Kong, as the city’s co-working market continues to heat up.
The $20… Read More>>
State-Owned Shanghai Giant Teams Up with Toll Bros on $323M NYC Condo Project
The Shanghai government-owned firm best known for developing China’s tallest building is partnering with US luxury home builder Toll Brothers on a $323 million, 19-storey condo project in lower Manhattan.
NYSE-listed Toll Brothers announced last week that its urban development… Read More>>
Richard Li’s Pacific Century Poised to Take Over $7.8B North London Project
A Hong Kong-listed property group controlled by the younger son of Li Ka-shing is poised to take charge of a £6 billion ($7.8 billion) development in North London after a local developer walked away from the UK mega-project.
Pacific Century… Read More>>
Facebook Said to Choose Swire’s One Taikoo Place for New HK Home
Swire Properties is said to have scored a major victory in the battle to establish a new business hub in Hong Kong as Facebook has reportedly signed up for multiple floors in the developer’s One Taikoo Place project.
The photo-sharing,… Read More>>
Hong Kong’s K Wah Reportedly Buying Sydney Tower for $146M
K Wah Group may be the latest Asian investor to buy into Sydney’s heated commercial property market, as the Hong Kong-based property firm is reportedly poised to pick up a grade A office tower in the city’s financial district for… Read More>>
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