A luxury home on Hong Kong’s Victoria Peak this month sold for HK$639.7 million ($82.1 million) and set a new record for Asia’s priciest apartment, according to public records posted by the developer, shouldering aside the previous high-water mark set… Read More>>
Oxley Offloads Sydney Site for $71M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singaporean developer Oxley parts ways with some of its Australian land holdings, property services giant CBRE rebrands its investment management arm, and HSBC’s group CEO predicts capital market fallout from China Evergrande’s debt… Read More>>
Carrie Lam Mum on Reports Beijing Pushing HK Builders and More Asia Real Estate Headlines
Today’s roundup of regional news headlines kicks off with Hong Kong developers in the hot seat, as a report surfaces that they’ve been pressured to toe the Beijing party line, sending shares tumbling. The city’s top leader had no comment… Read More>>
Shui On Said to Pick UBS, MS for Xintiandi IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s Shui On Land reportedly selects UBS and Morgan Stanley to lead its Xintiandi subsidiary’s IPO, Singapore-listed Cromwell E-REIT picks up a logistics asset in England, and China turns to ration coupons… Read More>>
Wheelock Wins New Territories Residential Plot With $540M Bid
Hong Kong’s northern New Territories continues to command above-market land prices, particularly in the hotspot of Kwu Tung, where Wheelock Properties on Wednesday topped 11 rival bids to win a development site for HK$4.19 billion ($540 million).
The site, known… Read More>>
Wheelock Wins Rights to MTR Wong Chuk Hang Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong blue-chip developer Wheelock has beat out a field of local heavyweights to win the rights to the last slice of land above the MTR station in Hong Kong’s Wong Chuk Hang… Read More>>
Evergrande to Raise $2.1B for E-Commerce Site and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, mainland developer Evergrande looks to raise $2.1 billion ahead of an IPO for its online marketplace arm, Singapore-listed Ascendas India Trust will spend $198 million to acquire a pair of Bangalore buildings, and… Read More>>
Princeton Digital Group Announces Mumbai Data Centre and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s Princeton Digital Group plans to open a 48 megawatt data centre in Navi Mumbai next year, and two residential properties go up for sale in the city-state as housing prices soar in… Read More>>
Sale of US Govt Property in Hong Kong Moves Ahead and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Hong Kong approves the sale of a US consular property on Shouson Hill after resolving a diplomatic impasse, while Blackstone bigwig Stephen Schwarzman deals with a backlash over his political leanings.
Singapore Office Rents May Dip 5% in 2021 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Knight Frank issues a bearish forecast for Singapore office rents, official figures show a cooling China housing market, and Hong Kong’s first major property launch of the year draws a horde of eager… Read More>>
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