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Yang Jian, founder of Zhongliang Holdings

Shanghai-Based Developer Zhongliang Holdings Files for HK$3.5B IPO

2019/07/01 by Jan Kot Leave a Comment

China’s only 100-billion-yuan privately held developer, Zhongliang Holdings Group, plans to raise up to HK$3.54 billion ($453 million) in an initial public offering on the Hong Kong Stock Exchange, according to official filings by the company.

The Zhejiang-based home builder… Read More>>

andre fu afso

Hong Kong Hotel Designer Andre Fu Buys Floor in Central for HK$82M

2019/07/01 by Tianyuan Zhang Leave a Comment

Hong Kong hotel designer and Macau casino heir Andre Fu, has purchased a floor in a commercial building in Hong Kong’s Central district for HK$82.01 million ($10.5 million), according to a report in the Hong Kong Economic Times.

Andre Fu,… Read More>>

Zhang Jindong Suning

Suning Buys Carrefour’s China Operation Off the Discount Shelf at RMB 4.8B

2019/06/24 by Jan Kot Leave a Comment

Chinese retailer Suning.com has agreed to buy an 80 percent stake in Carrefour Group’s China unit for RMB 4.8 billion ($699 million) in cash, according to an announcement to the Shenzhen stock exchange.

The agreement paves the way for the… Read More>>

Vincent Lo Shui On

Shui On’s SOCAM Ready to Flip Kowloon East Ginza Building for HK$386M

2019/06/24 by James Hatton Leave a Comment

Vincent Lo’s SOCAM Development Limited is ready to sell off a commercial building in Hong Kong at a nearly 12 percent mark-up over what it paid to acquire the Kowloon East asset just six months ago, according to an announcement… Read More>>

CentreHollywood Hong Kong

CBRE Scores HK$595M Sale of Sheung Wan’s CentreHollywood and More Agency Wins Mingtiandi Broker Battle

2019/06/24 by James Hatton Leave a Comment

A pair of Hong Kong deals brokered by the same agency are at the top of Mingtiandi’s latest list of brokerage triumphs this week with CBRE said to have handled the HK$595 million($76.2 million) sale of CentreHollywood, as well as… Read More>>

adam neumann india

WeWork Said Planning to Buy Back India Business for $1.9B

2019/06/17 by Jan Kot Leave a Comment

US co-working unicorn WeWork is planning to take majority control of its India affiliate in a deal worth $1.9 billion which would allow the shared-office operator to consolidate its operations, and its financial results, in preparation for an initial public… Read More>>

adrian chui esr reit

ESR REIT Launches S$270M SG Expansion, New Equity Sale Days After IPO Scrubbed

2019/06/17 by James Hatton Leave a Comment

Four days after ESR Cayman backed away from an impending $1.4 billion IPO, the warehouse developer’s Singapore affiliate today unveiled a trio of initiatives aimed at expanding its presence in Southeast Asia’s wealthiest city.

In a set of early morning… Read More>>

Steak House Carves 80% Off Queen’s Road Lease and More Hong Kong Real Estate Headlines   

2019/06/17 by James Hatton Leave a Comment

With anti-extradition law protests rocking the core of Hong Kong, the property market in the world’s least affordable place to live has gone quiet in the past week.

With activity slowing, a US steak house has found a spot in… Read More>>

Xiong Lin Ziroom

Mainland Home Rental Platform Ziroom Raises $500M From General Atlantic, Tencent, Sequoia

2019/06/16 by Jan Kot Leave a Comment

China’s rental housing market continues to attract venture capital investment with one of the industry’s largest players said to have raised $500 million in new financing.

Ziroom, the country’s first rental housing unicorn, is reported to be completing a $500… Read More>>

Israel Englander

NYC Hedge Fund Takes HK$170 Per Square Foot Lease in Central’s IFC

2019/06/10 by Jan Kot Leave a Comment

Hundreds of thousands of people may be marching in Hong Kong’s streets and the famously expensive housing market has started looking shaky, but international financiers are still leasing pricey offices in Central, so at least its business as usual in… Read More>>

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