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>>
ESR-Logos REIT Selling Singapore Aerospace Asset and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed ESR-Logos REIT enters a deal to sell an aerospace training facility, Chinese developers continue to raise funds via discounted share sales, and CPPIB, together with Indian partner L&T sell an infrastructure joint… Read More>>
Wheelock Closes in on $2.5B Residential Project in Kowloon Bay
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>>
China’s Zhenro to Default on $300M in Bonds and More Asia Real Estate Headlines
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 Acquires Site in Hong Kong’s Soho for $127M Residential Project
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 Lines Up $254M Commercial Project in Hong Kong’s Wong Chuk Hang
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>>
Jinke Said Buying Into Jiayuan Unit and More Asia Real Estate Headlines
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>>
Equinix Completes $86M Upgrade of SG Data Centre and More Asia Real Estate Headlines
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>>
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