This week Hong Kong’s developers seem to be on a hiring spree, taking up three of the seven places on the list of new hires. Gains by the big builders appear to be offset by losses at a major property… Read More>>
Meet Asia’s 13 Wealthiest Real Estate Barons
Out of the world’s 20 real wealthiest real estate tycoons, 13 of them are Chinese, according to the latest Forbes Rich List which tracks the fortunes of the world’s wealthiest people.
Only six of the richest real estate 20 are… Read More>>
Wharf Snatches Greentown China Stake for RMB 148 Million
Cash-strapped real estate developer Greentown China is selling a 2.13 percent stake to Hong Kong’s Wharf and Wheelock for HK$181 million (RMB 148.32 mil), according to an announcement from the buyers on Friday.
The purchase price for the 34,888,500 Greentown China… Read More>>
HK’s Wharf Ups Bond Issue to $600 Mil to Meet Demand
Hong Kong property developer Wharf announced today that it would be raising the size of its bond offering to US$600 million to meet demand from buyers. The bond deal, which was first announced on January 30th, met with overwhelming response… Read More>>
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