The mounting woes at China Evergrande, and their impact on China’s property sector, lead today’s collection of real estate headlines from around the region. Vietnam also makes the list with a crisis of its own, and statistics show Greater China… Read More>>
Sino Land JV Wins Kai Tak Plot with Bargain $680M Bid in Depressed Hong Kong Market
A consortium led by local builder Sino Land has won a tender for a residential plot in Hong Kong’s Kai Tak area with a bid of HK$5.35 billion ($680 million), representing a nine-year low for a government land premium at… Read More>>
Hoi Hup and Sunway Win Singapore Site for $256M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the Singapore government awards an executive condo site after the project drew nine bids, and a Hong Kong land tender draws a strong response as well. Also making the list are Country Garden’s… Read More>>
Temasek-Backed STT GDC Eyes $1B IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s ST Telemedia Global Data Centres reportedly contemplates an initial public offering, Dalian Wanda’s services unit scores a big offshore loan, and Kaisa Group is taken to court in New York over missed… Read More>>
CK Asset Paying $1.1B to Buy Second Hong Kong Residential Site in One Week
CK Asset Holdings has picked up a residential development site in Hong Kong’s Kai Tak area for HK$8.7 billion ($1.1 billion), according to a Wednesday announcement, breaching the low end of market expectations by about 23 percent as home prices… Read More>>
Evergrande Winding-Up Case Kicked to November and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a court case on China Evergrande’s potential winding-up is adjourned until November, sales at a high-profile housing project in Hong Kong’s Kai Tak launch at a 10 percent discount, and Swire Properties zeroes… Read More>>
Blackstone Said Aiming for $500M India Mall IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, private equity giant Blackstone reportedly seeks a $500 million IPO of its India mall portfolio, Hong Kong home prices fall as interest rates creep higher, and two high-rise towers near New Delhi are… Read More>>
Warburg Pincus-Backed Weave Launches 6th Hong Kong Location in Kai Tak
Weave Living has announced the opening of its sixth apartment community in Hong Kong, unveiling its conversion of a budget hotel in Kowloon East as Weave Studios Kai Tak.
The opening of the 99-unit facility was announced in a LinkedIn… Read More>>
Far East Consortium Selling Kai Tak Commercial Project to CLP for $433M
Hong Kong-listed Far East Consortium has agreed to sell the commercial portion of a project on the former Kai Tak airstrip for a consideration of HK$3.38 billion ($433.3 million), just two weeks after joining with New World Development to acquire… Read More>>
COLI Selling 30% Stake in Kai Tak Project for $173M
Years after its international airport closed down, a former landing strip in Hong Kong’s Kai Tak area has again become a centre of activity in recent weeks with China Overseas Land & Investment announcing on 26 November that it has… Read More>>
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