Asia real estate and outbound investment news
Wheelock Properties is taking final steps toward building a HK$20 billion ($2.5 billion) residential project in Hong Kong’s Kowloon Bay, having reportedly submitted an application to redevelop an industrial property in the area into 1,782 new homes.
The developer controlled… Read More>>
In today’s roundup of regional news headlines, China’s Zhenro Properties is set for another offshore bond default, the property arm of Hong Kong’s Nan Hai suspends all staff for six months amid financial woes, and a pair of Singapore condo… Read More>>
Wheelock Properties has acquired its second site on Hong Kong Island in two months, having won full ownership of three ageing buildings in the city’s Central district through a compulsory sale, according to sources familiar with the deal.
The acquisition… Read More>>
Wheelock Properties could be on its way towards developing a HK$2 billion ($254.7 million) commercial project on Hong Kong Island, after having applied for a compulsory sale this month to acquire the remaining pieces of an aging industrial building in… Read More>>
In today’s roundup of regional news headlines, China’s Jinke Smart Services Group is reportedly acquiring rival property manager Jiayuan Services Holdings, Hong Kong-based Kowloon Development agrees to buy a Zhuhai commercial project, and mainland property loan growth slows to its… Read More>>
In today’s roundup of regional news headlines, Equinix completes an expansion of its fifth data centre in Singapore, Abu Dhabi’s sovereign wealth fund takes a stake in an Indian private equity firm, and Hong Kong developers cut prices to boost… Read More>>
Singapore’s housing market is holding up citywide, but developers of luxury projects are being hit hard by cooling measures introduced in December, with a story of price cuts at a CK Asset project in Bukit Timah leading our roundup today.
While much of the region enjoyed a long holiday weekend, the manager of Lendlease’s Singapore-listed REIT may have been kept busy making spending plans with news of the trust’s successful fund raising leading Mingtiandi’s headline roundup today.
China housing prices… Read More>>
Wharf Holdings on Wednesday reported a 7 percent rise in its 2021 underlying net profit to HK$3.65 billion (now $470 million), but the Hong Kong developer cited lingering COVID-19 troubles and the war in Ukraine as it gave a downbeat… Read More>>
In today’s roundup of regional news headlines, private equity giant Blackstone raises an $11 billion war chest to buy companies in Asia, developers ESR and CK Asset obtain sustainability-linked loans, and demand for Hong Kong’s nano flats ebbs as home… Read More>>
