Asia Pacific real estate investment news and information
Luxury home builder Greentown China Holdings announced late last week that its co-chairman Song Weiping had resigned from the company he founded twenty-four years ago in a move seen as unifying control of the Hangzhou-based developer.
Song, who had sold… Read More>>
A commercial property deal in Hong Kong tops Mingtiandi’s list of brokerage victories this week with Colliers International brokering the sale of a combined 46,241 square feet of space in Causeway Bay for HK$500 million ($64 million).
Knight Frank and… Read More>>
China’s top law enforcement agency has issued a public condemnation of the chairman of Future Land Development Holdings, following his detention on suspicion of child molestation.
In a statement on its official WeChat issued two days after Wang Zhenhua had… Read More>>
Seven months after filing for an initial public offering, WeWork is planning to raise as much as $4 billion in debt to refill its corporate coffers, according to news accounts citing sources familiar with the shared office provider’s discussions.
The… Read More>>
Financially troubled HNA Group has sold the remaining 75.10 percent stake of a Beijing commercial complex to a subsidiary of China Vanke for a total consideration of RMB 1.304 billion ($190 million), according to a filing to the Shanghai Stock… Read More>>
Newly retired MTR Corporation chairman Frederick Ma Si-hang saw out the end of his tenure at the government-backed railway operator amid allegations of misconduct, following publication of videos, photographs and a news account in the Apple Daily newspaper linking the… Read More>>
Phoenix Property Investors has been receiving offers of over HK$9 billion ($1.15 billion) from buyers interested in purchasing Tower 535 in Causeway Bay, according to sources familiar with the discussions who spoke with Mingtiandi.
The private equity fund manager, which… Read More>>
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>>
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>>
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>>
