Hong Kong’s property woes lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the developer founded by Kong Kong’s second-richest man has recorded a steep decline in revenue from its property business for… Read More>>
Future Land China Sale Kicks Off With RMB 4.15B in Disposals
Just three days after announcing a plan to dispose of 40 real estate projects in China, Future Land confirmed in a filing to the Hong Kong Stock Exchange on July 24 that it has executed equity and debt transfer agreements… 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>>
Yanlord Buys Residential Site in Shanghai’s Jing’An District for RMB 3.4B
Singapore-listed Yanlord Land Group has shouldered aside bids from a trio of mainland rivals to win a residential parcel in Shanghai’s Jing’an district for RMB 3.4 billion ($490 million) according to a notice from the Shanghai Land Bureau.
The developer… Read More>>
WeWork Annual Loss Doubles to $2B and More Asia Real Estate Headlines
New data is now available on the arc of the global shared office phenomena and WeWork’s announcement this week that its annual loss doubled to $2 billion in 2018 has analysts wondering if the co-working craze has already passed its… Read More>>
Asia Real Estate People in the News 2019-03-11
Mingtiandi’s survey of personnel moves in real estate firms across Asia this week leads off with another Hong Kong-listed developer finding top leadership close to home, although this Guangzhou builder at least ventured beyond blood ties for its latest board… Read More>>
India’s Real Estate Sector Predicted to Grow 30% in Ten Years and More Asia Real Estate Headlines
The leaders of an association of people who sell real estate in India demonstrated their optimism about the future of their industry this week with a prediction that the country’s property sector would grow 30 percent over the next decade…. Read More>>
Shu Qi Buys $16M Hong Kong Apartment and More Asia Real Estate Headlines
Movie stars finally make their way into Mingtiandi today as Taiwanese glamour gal Shu Qi gives a low-key celebrity endorsement to a Hong Kong project with her recent HK$127 million purchase of a home in the mid-levels tower. Meanwhile, Swire… Read More>>
Yanlord Partners with MCL Land for $692M En Bloc Deal in First Singapore Foray
Shanghai-based Yanlord Land is jumping into Singapore’s residential market for the first time, teaming up with Hong Kong land affiliate MCL Land to snap up a prime en bloc site in the city-state for S$906.9 million ($691.5 million).
The deal… Read More>>
Yanlord Land Invests $1.2B in Pair of Tianjin Residential Projects
Singapore-listed Yanlord Land Group has bought up stakes in a pair of residential sites in the northern Chinese city of Tianjin for a total of RMB 7.55 billion ($1.2 billion), the mainland developer announced.
Yanlord, through its unit Nanjing Renyuan… Read More>>
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