May Property Market Review

[2017 - May - 31] New South Wales announces new property purchase financing rules (read more>>)

[2017 - May - 25] China Developer Completes Acquisition of London Landmark Building (read more>>)

[2017 - May - 20] Singapore gets record high land bidding offer from China buyers (read more>>)

[May - 4 - 2017] Global Logistic Properties (GLP) said it had signed 275,000 square metres of new leases in China over the past three months to the new tenants

[2017 - May - 17] Hong Kong government sold a commercial site in central district for a record high price. HK developer Henderson Land Development outbid eight other developers to pay a record price of HKD23.3 billion (USD 3 billion), HKD55,914 per square foot, for the current car-park site

[2017 - May - 30] The trustee of Frasers Centrepoint Trust has priced SGD30 million of notes due 2022 at 2.645%. The Series 102 notes under its SGD1 billion multicurrency medium-term note program will be issued on June 5 and will be unconditionally and irrevocably guaranteed by the FCT trustee, HSBC Institutional Trust Services (Singapore)

[2017 - May - 4] Hong Kong's Disneyland expansion plan get approval (read more>>]

[2017 - May - 2] CapitaLand Commercial Trust Management entered into a limited liability partnership agreement with OGS, an vehicle owned by insurer FWD Group to sell 50% stake in One George Street, for SGD1.18 billion. Upon the transaction completion, CCT and OGS LLP will each hold 50% of the stake of the property

Briefings

[May - 17 - 2017] HK developer Henderson Land buys central commercial land for record high price [ July - 2 - 2017] China developer Cifi and Hong Kong developer Henderson Land joint acquired lands in Suzhou China for new residential project HK government sold a car park site for record high price -HK developer Henderson Land buys central commercial land for record high price [May - 9 - 2017]Crown Resorts is selling its roughly USD 1 billion stake in the Malco's Macau resort [[May - 9 - 2017]Crown Resorts is selling its roughly USD 1 billion stake in the Malco's Macau resort [May - 13 - 2017] Malaysia entertainment group Genting Singapore's Q1 net profit for 2017 was 16.7 times higher than in the first quarter of 2016, standing at SGD181.1 million for the quarter ended March 31 [April - 28 - 2017] Resort developer Landing International said it had entered into agreement to sell an entire stake in a light-emitting diode company Ace Winner Holdings and the loan it had previously granted to Ace Winner for a total consideration of HKD50million