Shun Tak Holdings, the Hong Kong-based holding company of casino billionaire Stanley Ho is taking a gamble on a long-stalled Shanghai project, after leading a joint venture which acquired a half-stake in a site along Suzhou Creek, just a quick… Read More>>
JLL Welcomes Back Nelson Wong as Head of Research for Greater China
JLL has brought on board Nelson Wong as head of research for its Greater China operation and its local Hong Kong business, according to an announcement by the property consultancy.
Returning to JLL’s Hong Kong office after 15 years with… Read More>>
Evergrande Boss Xu Jiayin RMB 14.6B Richer as China’s 2nd-Largest Developer Announces Dividend
China’s third-richest man is about to add RMB 14.6 billion ($2.1 billion) to his personal fortune after China Evergrande Group proposed its dividend for the 2018 financial year in an announcement on the Hong Kong stock exchange on Sunday.
The… Read More>>
Henderson Buys Out Aging Hong Kong Building to Acquire New Territories Site
Hong Kong’s Henderson Land Development has added another project site to its land bank in its home city by acquiring the last three units in a building in the New Territories’ Tai Po town.
The blue chip developer recently paid… Read More>>
Frasers REIT Managers Propose S$5.7B Supersized Singapore Merger
The managers of a pair of Frasers Property-sponsored real estate investment trusts have agreed to the terms of a merger, which if approved by their unit holders, will result in a single REIT with a portfolio valued at S$5.7 billion… Read More>>
Cushman Leads Brokerage Wins with HK$378M HSBC Deal in Kwun Tong Mingtiandi Broker Battle
Cushman & Wakefield tops the deal charts in this week’s roundup of brokerage wins with a victory in Hong Kong that saw the firm advise on the sale of a pair of floors in Kwun Tong’s World Tech Centre to… Read More>>
Far East Consortium Said to Mull S$500M Singapore REIT Listing
Hong Kong developer Far East Consortium International Ltd (FEC) is reportedly mulling a Singapore listing for a real estate investment trust that could raise up to S$500 million ($365 million). The potential sale of trust units, which could occur as… Read More>>
Shimao Buys Beijing Residential Site for RMB 850M
Shimao Properties, mainland China’s eleventh largest developer by contracted sales, has agreed to pay RMB 850 million ($115 million) for a residential site in Beijing, according to the city’s Land Bureau.
The Hong Kong-listed developer controlled by tycoon Hui Wing… Read More>>
Seoul Leads as Asia Pacific Deal Volume Surges to $128B in First 9 Months
Street protests and macroeconomic woes may be grabbing headlines in Asia Pacific, but investors in the region’s commercial real estate markets shrugged off the bad news to deliver a record-breaking $128 billion in transactions during the first three quarters of… Read More>>
Warburg Pincus, Weave Tell Co-Living Secrets to Packed House in Hong Kong
Mingtiandi held its first co-living forum in Hong Kong on Monday, welcoming more than 100 executives from real estate investors and developers from around the region.
Sachin Doshi, the CEO of leading industry player Weave Co-Living led the event, together… Read More>>
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