Asia real estate and outbound investment news
Sun Hung Kai Properties plans to debut the flagship property under its Townplace rental residential brand in the second half of 2023, with the blue-chip builder touting the West Kowloon project as Hong Kong’s first large-scale “aparthotel”.
Located at 10… Read More>>
In today’s roundup of regional news headlines, Blackstone looks Down Under for its latest potential asset disposal, and China’s government ponders a novel method to maintain state control of private firms.
Blackstone Could Fetch A$1B as It… Read More>>
In today’s roundup of regional news headlines, Singapore’s Keppel Land sells out of a Myanmar hotel development, and insurance giant Ping An Group says it’s on the hook for about a fourth of the estimated damage bill from the Kimpton… Read More>>
Hong Kong’s Lands Department has awarded Sun Hung Kai Properties (SHKP) a site in Kowloon’s Mong Kok area at a price of HK$4.73 billion ($602 million), clinching the city’s first commercial land sale of the year at a value significantly… Read More>>
In today’s roundup of regional news headlines, Chinese authorities reportedly ask state-owned firms to cut ties with the Big Four accounting firms, and Australian casino giant Star Entertainment looks to raise $545 million to repay debts.
China… Read More>>
Hong Kong developer Sun Hung Kai Properties held the topping-out ceremony for the main office tower at its International Trade City (ITC) project in Shanghai’s Xujiahui area on 29 December, adding 70 storeys of office space to the company’s portfolio… Read More>>
In today’s roundup of regional news headlines, troubled developer CIFI prepares to sell a stake in its services division, Blackstone taps the brakes on an eagerly awaited private equity fund, and Sun Hung Kai Properties announces the completion of a… Read More>>
Sun Hung Kai Properties has bested three competing bidders to win a tender for a retail site in Hong Kong’s Kowloon East, at a price more than 50 percent less per square foot than what Link REIT paid in late… Read More>>
Sun Hung Kai Properties had been awarded the tender for a commercial project in Hong Kong’s West Kowloon area after the blue-chip builder submitted the sole bid for the development site earlier this month.
SHKP won the right to develop… Read More>>
A commercial project in Hong Kong’s West Kowloon area drew just a single bid at a tender held by the local cultural authority, with blue-chip builder Sun Hung Kai Properties making an offer of an undisclosed amount.
A representative for… Read More>>
