The resignation of a veteran Hong Kong executive from a trio of directorships leads this week’s review of personnel moves from around the region, with leadership changes at Keppel Infrastructure Trust and Shenzhen’s Logan Group also making the list.
Asia Real Estate People in the News 2023-07-24
In this week’s look at human resources happenings in Asia’s real estate industry, the manager of a Singapore-liste REIT is looking for a new CEO, a senior member of Hong Kong’s billionaire Chiu family gets a title upgrade, and Lai… Read More>>
Jiayuan Selling Jiangsu Complex and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developer Jiayuan agrees to sell a mixed-used complex as it fends off wind-up petitions, Hong Kong rejects a New Territories housing plan submitted by two key builders, and shareholders approve ESR Cayman’s… Read More>>
Lai Sun Buys Mid-Levels Residential Project From Li Ka-shing Family for $166M
Just three months after winning a Kowloon Tong residential site for HK$1.6 billion, Hong Kong-listed Lai Sun Development continues to focus on the city’s quickening luxury market, with its acquisition of a pair of adjacent properties in the Mid-Levels area… Read More>>
Lai Sun Adds to Residential Pipeline with $206M Kowloon Tong Buy
Local builder Lai Sun Development moved to expand its development pipeline this past week, in the midst of Hong Kong’s housing boom, as it topped 16 competing bids to win a residential site in Kowloon Tong for a price of… Read More>>
CK Asset Said Floating $1.4B Sale of UBS London HQ and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Li Ka-shing’s CK Asset is said to be entertaining offers for UBS’s London headquarters building, Singapore plans a public tender for a development site near Marina Bay, and China Evergrande chairman Hui Ka… Read More>>
New World, Empire, Lai Sun and CSI Team Up to Buy Hong Kong MTR Site
Hong Kong’s MTR Corporation has awarded the rights for the fifth phase of property development at Wong Chuk Hang metro station to a consortium of four local developers, reportedly for a lower premium than was paid in the fourth-phase tender.
Lai Sun Wins Kwun Tong Site for HK$883M and More Hong Kong Real Estate Headlines
Kowloon leads Mingtiandi’s roundup of top Hong Kong real estate headlines this week with a listed developer picking up a site Kowloon East’s Ngau Tau Kok area through a URA tender. Also on the peninsula, a Michelin star bearing dim… Read More>>
Lai Sun Wins Approval to Build City of London’s Third-Tallest Tower
Hong Kong’s Lai Sun Group has won approval to develop a 56-storey office tower on London’s Leadenhall Street, after tycoon Peter Lam’s textiles-to-property group had purchased a pair of existing properties on the same block as London’s Gherkin office tower… Read More>>
Henderson, Lai Sun Said to Sell Tsim Sha Tsui Tower for HK$4.1B
Hong Kong developers Henderson Land and Lai Sun have reached an agreement to sell 8 Observatory Road, a vertical retail building in Hong Kong’s Tsim Sha Tsui area for HK$4.1 billion ($522 million), according to market sources who spoke with… Read More>>