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>>
Sun Hung Kai’s Parc Central Wins Gold at ICSC APAC Awards
Parc Central, a Guangzhou retail project by Hong Kong developer Sun Hung Kai, has pulled in its fifth prize, winning gold for ‘Design and Development Excellence – New Developments’ at the 2017 International Council of Shopping Centers (ICSC) Asia Pacific… Read More>>
Hong Kong’s New World Wins Guangzhou Site for $314M
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
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>>
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