Indian office REITs lead today’s real estate news from around Asia as Brookfield Asset Management gets ready to list its first real estate trust on the subcontinent, as Blackstone celebrates the success of its second such offering.
Wheelock Wins Approval for HK$126B Buyout and More Asia Real Estate Headlines
Shareholders voted to approve a HK$126 billion buyout of Hong Kong’s fourth largest developer this week, making that megadeal rank at the top of today’s roundup of real estate headlines. In other news from around the region, a US data… Read More>>
Top Hong Kong Developer Shares Fall More Than 5% as Beijing Preps Security Law
Stocks in Hong Kong’s major developers, including Sun Hung Kai, CK Asset and Wheelock, plunged on Friday on the news that Beijing is planning to impose controversial national security laws in Hong Kong.
After China’s central government on Thursday announced… Read More>>
Hong Kong Landlords Squeezed as Retail Sales Fall for 14th Month
Statistics released this week show that consumer spending in Hong Kong fell for the fourteenth consecutive month during March, and the slide in shopping is already squeezing some of the city’s largest landlords.
Link REIT, Wheelock Properties and other owners… Read More>>
Billionaire Bids HK$48B to Privatise HK Developer Wheelock
Hong Kong property billionaire Peter Woo is offering to take Hong Kong-listed Wheelock & Company private in a deal worth just under HK$48 billion ($6.2 billion), according to a stock exchange filing.
Woo, whose family controls the 93-year-old firm chaired… Read More>>
Wheelock Wins Project at Hong Kong’s Lohas Park at 12% Discount
Wheelock and Company has won a discounted residential site in Hong Kong’s New Territories amid a plunge in property prices in the Asian financial hub, according to an announcement by the city’s MTR Corporation, which organised the project tender.
The… Read More>>
HSBC Says Mainland Property Sales to Plunge 10% and More Asia Real Estate Headlines
Plunging property sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today with HSBC predicting a bleak 2020 for mainland China’s real estate market.
In other news around the region, a top office of a Singapore bakery… Read More>>
Wheelock Hands Over 500,000 Sq Ft of Land for HK$1 and More Asia Real Estate Headlines
A charitable loan leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a Hong Kong developer has offered the use of 500,000 square feet of land to the government for social housing for… Read More>>
HK Retailers Offered Monthly Leases as Sales Plummet and More Asia Real Estate Headlines
Short-term leases lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that landlords are offering shop tenants in Hong Kong monthly agreements as the retail sector continues to come under pressure in the Asian… Read More>>
Asia Real Estate People in the News 2019-09-23
In this week’s edition of People in the News, JLL says goodbye to its head of valuation advisory services in Asia and Greater China, while Colliers prepares to welcome the outgoing professional services chief, according to market sources who spoke… Read More>>
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