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Henry Cheng New World

Hong Kong’s New World Wins Guangzhou Site for $314M

2017/10/23 by Greg Isaacson Leave a Comment

New World Group is deepening its commitment to mainland China by paying RMB 2.09 billion ($314.1 million) to acquire a plot of land in the southern city of Guangzhou, where the top Hong Kong developer will build a 250,000 square… Read More>>

Rosedale Hotel in Hong Kong’s Causeway Bay Sells for $211M

2017/10/23 by Greg Isaacson Leave a Comment

Hong Kong’s hotel investment market continues to heat up, with the Rosedale hotel in Causeway Bay reportedly selling to a director of Hong Kong’s Shun Ho Property Investments for HK$1.65 billion ($211.4 million).

Jonathan Cheng (鄭啟俊), a director of Shun Ho… Read More>>

Wang Gehong CYPA

China Boosts Rental Housing Via RMB 270M Shenzhen-Listed Near-REIT

2017/10/23 by Greg Isaacson Leave a Comment

China is now enabling operators of rental housing projects to convert their income streams into listed securities, as the government moves to foster affordable housing for the country’s growing middle class.

The Shenzhen Stock Exchange announced this month that China Young… Read More>>

Li Ka-shing

Li Ka-shing Said Selling Hong Kong’s The Center to Mainland Group for $5.2B

2017/10/16 by Greg Isaacson Leave a Comment

Hong Kong’s richest man is reportedly selling his most valuable building, The Center office tower, for a record price of HK$40.2 billion ($5.15 billion). Li Ka-shing’s CK Asset Holdings – formerly Cheung Kong Property Holdings – agreed to dispose of… Read More>>

$12M Thai Investment Boosts SG Co-Working Startup to $200M Valuation

2017/10/16 by Greg Isaacson Leave a Comment

Singapore-based JustCo has closed on a Series B funding round that brings its valuation to $200 million, making it the most valuable co-working operator in Southeast Asia, after bagging a $12 million investment from Thai developer Sansiri. The new funding… Read More>>

Chae Hun Chang_JLL-tb

JLL Chooses Chae Hun Chang as New Country Head for South Korea

2017/10/14 by Michael Cole Leave a Comment

International property consultancy JLL has chosen Chae Hun Chang as the company’s new Country Head for South Korea, according to an announcement late last week by the company.

Chang will be promoted to the lead role effective January 1st, 2018,… Read More>>

Bosco Law

Hong Kong’s Laws Group Buys Kowloon East Site for $178M

2017/10/09 by Greg Isaacson Leave a Comment

Hong Kong’s Kowloon East business district has just received another shot in the arm, with Laws Group scooping up an ageing industrial building in the rising commercial area for HK$1.39 billion ($178.1 million). The family owned conglomerate says it plans… Read More>>

China’s UrWork to Open US Co-Working Beachhead in LA This Month

2017/10/09 by Greg Isaacson Leave a Comment

Chinese co-working startup UrWork is bringing its flexible office model to Los Angeles County this month, marking its first centre in the US as a legal battle disrupts the company’s planned New York debut.

UrWork has announced it will open… Read More>>

Tower 535 HK

Wanchai Hotel Said Selling for $181M to Make Way for Co-Working Centre

2017/10/08 by Mingtiandi Team Leave a Comment

A downturn in visitor arrivals to Hong Kong, along with the city’s world-leading office rents, may be fuelling a trend toward converting hospitality space into co-working centres, as yet another hotel in the centre city looks set for conversion into… Read More>>

GLP MIng Z Mei

GLP Buys Gazeley European Assets From Brookfield for $2.8B

2017/10/02 by Michael Cole Leave a Comment

Global Logistic Properties, which is still in the process of being acquired by a mainland investment consortium, has expanded into Europe by acquiring a portfolio of Gazeley-branded logistics facilities from Brookfield for $2.8 billion, according to an announcement today by… Read More>>

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