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Sino Land, Wheelock and Shimao Lead Team Deal for $2.2B Hong Kong Waterfront Site

2017/11/16 by Greg Isaacson Leave a Comment

The Hong Kong government has awarded a waterfront site in Cheung Sha Wan to a consortium of five Hong Kong and mainland developers for HK$17.28 billion ($2.21 billion), breaking price records for residential land in the city.

The winning consortium,… Read More>>

Mount Nicholson

Hong Kong Home Sells for $37M Per Bedroom and More Asia Real Estate Headlines

2017/11/02 by Michael Cole Leave a Comment

Leading today’s news, Hong Kong’s housing affordability may be a hot topic for most of the city’s seven million inhabitants, but developer Wheelock is doing just fine marketing homes that cost about the same amount as the GDP of small… Read More>>

Douglas Woo Wheelock

Wharf Sells Kowloon East Office Project to Mainland Group for $1.2B

2017/10/12 by Greg Isaacson 1 Comment

Hong Kong’s Kwun Tong district has chalked up another landmark transaction, with Wheelock subsidiary Wharf Group selling a waterfront office tower project to mainland developer LVGEM for HK$9 billion ($1.2 billion), in one of the biggest real estate deals in… Read More>>

Chen Feng HNA

HNA Moves Forward on SG Logistics Acquisition and More Asia Real Estate Headlines

2017/09/08 by Michael Cole Leave a Comment

Leading off today’s news China’s HNA Group shows some signs of post-crackdown life as it moves another step forward on its acquisition of a Singapore logistics provider. Meanwhile in Hong Kong, top developer Wheelock tries out some new high prices… Read More>>

Liu He

China Denies Crackdown Reports And More Asia Real Estate Headlines

2017/08/06 by Greg Isaacson Leave a Comment

China’s outbound clampdown continues to dominate the headlines this week as the country’s top insurance regulator pours cold water on a recent report that it pressured Anbang Group to sell off its overseas assets. Meanwhile the government’s drive to curb… Read More>>

Stephen Ng Tin-hoi Wharf

HK’s Wharf Hopes to Spin Off Investment Assets and More Asia Real Estate Headlines

2017/03/11 by Michael Cole Leave a Comment

Some of Hong Kong’s biggest developers chose Friday to release their 2016 earnings, and those reports of success or failure lead today’s property headlines. Top builder Wheelock is cheerful enough after their results to test out the idea of a… Read More>>

Hong Kong office rent

Blackstone, GIC Lead Wave of India Investment and More Asia Real Estate Headlines

2017/03/05 by Michael Cole Leave a Comment

The news kicks off this week with a tally of international investment in India revealing the top five foreign players in an increasingly global market. Also in the headlines, C&W says finding a home for your company in Hong Kong… Read More>>

Panel Urges Ban on Chinese SOE Acquisitions in the US and More Asia Real Estate Headlines

2016/11/17 by Cheyenne Hollis Leave a Comment

Friday brings good news for Wheelock while Hong Kong homebuyers and China’s state owned enterprises are probably looking forward to get the week done with. Starting with the good, Wheelock won a residential site in its home market for HK$6.39… Read More>>

Mount Nicholson Hong Kong

What Stamp Duty? Pair of HK Apartments Sell for $117M Two Days After Restriction Debuts

2016/11/09 by Cheyenne Hollis Leave a Comment

After just three days, it’s safe to say Hong Kong’s new home price stamp duty hasn’t quite worked as government officials would have hoped. The curbing measures, which took effect on Sunday, slapped a levy of 15 percent on residential… Read More>>

Lujiazui Shanghai

Shanghai Banks Told Not to Lend to Property Industry and More Asia Real Estate Headlines

2016/10/14 by Michael Cole Leave a Comment

The headlines are full of stories of the Chinese government clamping down on credit to the real estate industry today, including comments from a top banking regulator saying that property loans are not a big issue. In other news, Hong… Read More>>

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