Luxury property leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the chairman of a Singapore-listed developer is selling his Singapore bungalow for $167 million, while car-sized living spaces generated revenue of HK$1.67 billion… Read More>>
Wing Tai JV Said Buying London Office Building for £225M
A Hong Kong joint venture fronted by a privately-held affiliate of Wing Tai Group has agreed to buy an office building in London for around £225 million ($282 million), according to market sources who were in contact with Mingtiandi.
The… Read More>>
HK Developers Cut Prices by 20% to Lure Back Buyers and More Asia Real Estate Headlines
Hong Kong home sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today as developers take drastic measures to lure reluctant buyers back to the market, with some slashing prices by up to 20 percent, while a… Read More>>
Loss-making Luckin Coffee Hits $561M IPO Jackpot and More Asia Real Estate Headlines
Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the Chinese rival to Starbucks has ground out $561 million from a larger-than-expected IPO, making the online to offline coffee chain full of beans.
Wing Tai Awarded Singapore Site for S$492M and More Asia Real Estate Headlines
With mainland China and Hong Kong taking a break to honour the dear departed on Friday, stories from Singapore and Australia push their way to the top of Asia’s real estate news. In the Lion City, the government has chosen… Read More>>
Wing Tai and Hong Leong-CDL JV Top Bidders for S$875M Pair of Singapore Sites
Developers in tropical Singapore kept their cool at a couple of land tenders last week with a site near Bugis, at the fringe of downtown bringing 10 offers, while a second plot in the Geylang red light district attracted only… Read More>>
Wing Tai Buys Commerzbank’s London HQ for $591M
Wing Tai Properties has entered a 50:50 joint venture with Hong Kong-based Manhattan Garment Holdings to buy a landmark commercial complex in London for £460 million ($591.1 million), according to a filing with the Hong Kong stock exchange on November… Read More>>
Wing Tai in Talks to Buy London Bank HQ for $548M and More Asia Real Estate Headlines
In what could be a north Asia to southeast Asia handoff, the lead story in today’s collection of real estate headlines from the region tracks Singaporean developer Wing Tai’s potential purchase of a $548 million London asset from Korea’s Samsung… Read More>>
Wing Tai Reports 9X Profit Jump in Q3 and More Asia Real Estate Headlines
Singapore leads today’s news roundup with homegrown developers Wing Tai and Perennial Real Estate announcing huge profit swings in the previous quarter. Also in the Lion City, US pharma giant Johnson & Johnson is launching its new Asia Pacific head… Read More>>
Kowloon Centre Floor Sold for HK$220M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a floor leased to a restaurant in Tsim Sha Tsui’s Kowloon Centre was sold for HK$220 million ($28 million). Also in the headlines, a shop in Mong Kok saw a 64-fold price increase… Read More>>
