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>>
Wing Tai Sells Wan Chai Commercial Building to Winland for HK$2.85B
Hong Kong-based Wing Tai Properties has sold off a commercial building in the city’s Wan Chai area for HK$2.85 billion ($364 million) to local property investment firm Winland Group, according to an announcement by Wing Tai today to the Hong… Read More>>
CSI, Wing Tai Plan HK$15B Office-Retail-Hotel Project in Central and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong news roundup, a pair of property firms that won a redevelopment site next to SoHo back in October have just announced plans to turn the prime piece of Central into a mixed-use commercial hub. Also in… Read More>>
Kerry and Sino Land Win Wong Chuk Hang MTR Site and More Hong Kong Real Estate Headlines
Continuing Mingtiand’s new roundup of Hong Kong real estate headlines, in today’s SAR news, a pair of local developers team up to win the MTR auction of a site in soon-to-be posh Wong Chuk Hang, while Wing Tai scores an… Read More>>
Wing Tai, CSI Team Up to Buy Site in Hong Kong’s Central for $1.5B
A pair of Hong Kong-listed developers, Wing Tai Properties and CSI Properties, has triumphed over eight other bidders to win the rights to redevelop a site in the city’s Central district, agreeing to pay a reported HK$11.6 billion ($1.49 billion)… Read More>>
Asia Real Estate People in the News 2017-09-11
This week in Asia’s latest round of real estate industry professionals finding new roles, there’s a surge of hiring by flexible office providers with half of our subjects landing their latest job with a co-working or serviced office operator. Also… Read More>>
Keppel, Wing Tai $327M JV Offer Tops 15 Other Bids for SG Condo Site
Keppel Land and Wing Tai Land have teamed up to place the top bid of S$446.3 million ($327 million) on a prime residential site in the Serangoon Garden neighbourhood of Singapore, where the developers intend to build over 600 homes.
