Hong Kong’s recovering luxury sector leads today’s real estate headlines from around Asia Pacific as a pair of mainland tycoons trade a house on the city’s Peak. IKEA also makes the news with a set of mainland closures, including a… Read More>>
China Home Sales Fall Further Despite Support and More Asia Real Estate Headlines
The unstoppable slide of China’s housing market leads today’s look at real estate headlines from around the region, as home sales in October fell nearly 42 percent from a year earlier. Singapore also makes the news with the republic seizing… Read More>>
Tokyo-Listed Jinushi Selling $185M in Assets to Private REIT and More Asia Real Estate Headlines
Expansion of a Japanese private REIT specialising in leased land leads Mingtiandi’s review of real estate news from around the region today, as Tokyo-listed Jinushi prepares to sell 22 properties to the vehicle. Also making the list are the sale… Read More>>
Wheelock Clinches $93M Buy of South Hong Kong Island Building at Forced Auction
Wheelock Properties has acquired an industrial building in Hong Kong’s Wong Chuk Hang area for HK$728 million ($93.4 million), more than two years after applying for a compulsory sale of the ageing property.
The purchase of the Ha Lung Industrial… Read More>>
KKR Acquires Controlling Stake in Indian Hospital Chain and More Asia Real Estate Headlines
KKR leads Mingtiandi’s headline roundup today as the global investment firm acquires a controlling stake in an Indian hospital chain, Baby Memorial Hospital. Also making the list, Hong Kong’s property sales sink again in June and Metro Pacific and GIC… Read More>>
Frasers Selling German Warehouses to FLCT and More Asia Real Estate Headlines
Singapore’s Frasers Property is selling a set of German sheds to its SGX-listed REIT, with that story leading Mingtiandi’s headline roundup today. Also in the news, China Vanke is said to be seeking loans of up to $11.1… Read More>>
Wheelock Wins Residential Site in Hong Kong’s Kennedy Town with Bargain $220M Bid
Wheelock Properties has won a residential site in Hong Kong’s Kennedy Town at a lower-than-expected price of HK$1.72 billion ($220 million) as the housing market continues to cool in the Asian financial hub.
Hong Kong’s Lands Department announced the winning… Read More>>
House at Hong Kong’s Mount Nicholson Sells for $73M
A luxury home at the Mount Nicholson project on Hong Kong’s Peak has sold for HK$577.4 million ($73.5 million), showing that prices have barely budged at the exclusive development since the last time units transacted there almost four years ago.
Singaporean Investor Buys Australia’s Lindeman Island and More Asia Real Estate Headlines
Singapore’s globe trotting property investors lead Mingtiandi’s collection of regional headlines today with an investor from the city-state snatching up an island off the coast of Queensland, while India also makes the list with the opening of the country’s first… Read More>>
Fosun Selling Stake in Steelmaker for $2B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese conglomerate Fosun plans to offload its interest in steel group Nanjing Nangang, and mainland new home prices climb at their fastest pace since last June.
Fosun Group Sells Nangang… Read More>>
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