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>>
Wheelock Lines Up Hong Kong Luxury Site with Happy Valley Compulsory Sale
Wheelock Properties is on its way toward developing another luxury project on Hong Kong Island, having gained approval for a compulsory sale of Ventris Court, a residential tower in the Happy Valley area valued at HK$1.73 billion ($222.4 million), according… Read More>>
Home on Hong Kong’s Peak Sells for $74.8M as City’s Luxury Market Rages
An apartment on Hong Kong’s posh Victoria Peak sold last week for HK$583.2 million ($74.8 million), as bullish sentiment continues to sustain luxury home prices in the world’s most expensive housing market despite the COVID-19 pandemic entering its third year.
Shui On JV Buys Wuhan Project for $2.7B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s Shui On Land buys a Wuhan residential project as cash-strapped mainland developers pull back, private equity king Blackstone sells a shopping mall in Australia, and Malaysia’s YTL Power picks up a… Read More>>
$82M Home on Hong Kong’s Peak Sets Record for Asia’s Priciest Apartment
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>>
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