A Macquarie-backed data centre operator may be headed to a $6.4 billion IPO, with that story leading our roundup of real estate headlines today. Also in the news, Hong Kong’s relaxed mortgage policies are expected to have little effect on… Read More>>
Hong Kong Agency Midland Warns of Loss as Home Sales Near 27-Year Low
Hong Kong property agency Midland Holdings expects to report a full-year loss after recording an estimated net loss attributable to shareholders of HK$480 million ($61.6 million) for the first 11 months of 2022.
The anticipated result would reverse the company’s… Read More>>
China Logistics Properties Stake on Block for $1B and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, China Logistics’ two biggest shareholders set in motion a plan to sell a 50 percent stake in the firm, a Hong Kong mixed-use property formally changes hands, and Singapore developer CDL obtains… Read More>>
Hong Kong Site Sale Cancelled After Lowball Bids and More Asia Real Estate Headlines
The continuing slide of Hong Kong’s commercial property market leads today’s news from around the region, as a government auction of a commercial site near the city’s airport was cancelled after attracting just three bids — all of which fell… Read More>>
Savills Leads Asia Brokerage Wins with HK$790M Hong Kong Office Deal Mingtiandi Broker Battle
Savills tops Mingtiandi’s deal charts for the second time running with the property consultancy reported to brokered the HK$790 million ($101 million) sale of an office redevelopment project in Hong Kong’s Cheung Sha Wan area on behalf of consumer goods… Read More>>
Property Deals Hit 21-Year High From Jan-May and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the total spend on property in the city reached HK$300 billion in the first five months of the year, a post-1997 record for the January to May period. Also in the headlines, a… Read More>>
FE Consortium Building Floor Sells for Record Price and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a locally listed firm bought a floor in Central’s Far East Consortium Building for HK$20,000 ($2,548) per square foot, breaking the building’s record, and helping the former owner to turn a profit of… Read More>>
HK Commercial Deals Jump 170% in January as Demand for Assets Surges
Hong Kong saw HK$16.3 billion ($2.1 billion) worth of commercial property transactions in January, surging 170 percent year-on-year and representing the second-highest monthly total in nearly five years, according to commercial property agency Midland IC&I.
The figure falls short of… Read More>>
Centaline, Midland and Colliers Lead Hong Kong’s Big Brokerage Deals of April 2017
Property consultants in the Hong Kong market enjoyed another encouraging month in April as brokers both local and global signed some record deals. In one of the biggest investment transactions brokered during the month, a local brokerage helped ink a… Read More>>
Shanghai Cops Blame Policy Panic on WeChat-Enabled Broker and More Asia Real Estate Headlines
Today’s real estate headlines include Shanghai’s black clad sleuths tracking a recent real estate panic to a single broker and her WeChat account, slower home sales elsewhere on the mainland, and a return to land enthusiasm in Singapore, where a… Read More>>