At the top of Asia’s property news today, the diplomatic outcome of the recent US-North Korean summit in Singapore has yet to be measured, but political event is already paying big dividends for Chinese property owners near the North Korean… Read More>>
Kerry Logistics Said Hawking HK$12B Shed Horde and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Kerry Logistics is said to be marketing a portfolio of 12 warehouses in the city at an asking price of up to HK$12 billion, and a Guangzhou developer has snatched up an aging… Read More>>
Hotels Turn To Co-Living Amid Tourist Drop and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, more hotels are being converted to co-living space in search of greater rental yields, and the government is casting about for solutions to relieve the city’s housing crisis, including build flats at a… Read More>>
Hong Kong Disneyland Losses Double to $44M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Mickey Mouse may start singing the blues after his Hong Kong playground recorded a loss of $44 million last year. Also in the headlines, an Italian lingerie brand faces a DD-sized debt default… Read More>>
Retail Rents Rise on Shopping Rebound and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, prime retail rents have ticked up for the first time in a year as local shoppers return to the malls. Also in the headlines, a top executive at Wheelock Properties reveals plans for… Read More>>
Wharf Sets New Kowloon Price Record With $1.6B HK Site Buy
Another record-breaking plot of residential land sold in Hong Kong, although this time not to a mainland developer. Hong Kong’s Lands Department announced today that local champion The Wharf won a tender for a site in Kowloon Tong, a traditional… Read More>>
Vanke and Evergrande Buy RMB 8.6B in Shenzhen Land and More Asia Real Estate Headlines
The rush to complete deals before the end of the year continues this week with Vanke and Evergrande paying more than $1.3 billion for a pair of plots in Shenzhen, while China’s second largest lender will pay you to let… Read More>>
Vanke Aims to Lead China’s Rental Housing Market and More Asia Real Estate Headlines
It’s a new day in China’s real estate world, as Vanke announces plans to invest in low-yielding home rental projects and their share price surges. Also in the news, Wharf’s spinoff of Hong Kong commercial assets gets a warm welcome… Read More>>
China Home Sales Volume Drops to 35-Month Low and More Asia Real Estate Headlines
China’s home sales are falling to a new low, just as mainland developers face a wall of maturing debt. So it’s time for another policy change. Also in the news, Wharf is spinning off some of its core Hong Kong… Read More>>
Wharf Sells Kowloon East Office Project to Mainland Group for $1.2B
Hong Kong’s Kwun Tong district has chalked up another landmark transaction, with Wheelock subsidiary Wharf Group selling a waterfront office tower project to mainland developer LVGEM for HK$9 billion ($1.2 billion), in one of the biggest real estate deals in… Read More>>
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