Swire Group Archives - Mingtiandi

Swire Selling Hong Kong Office Floors for $693M as Development Plan Steams Ahead

Michael Cole — Sat, 18 Nov 2023 09:03:41 +0000

With rising interest rates dimming the appeal of bank loans, Hong Kong’s Swire Group have turned to their Hong Kong office portfolio to raise cash, with two of the conglomerate’s listed units announcing late Friday that they have agreed to... Read More>>

The post Swire Selling Hong Kong Office Floors for $693M as Development Plan Steams Ahead appeared first on Mingtiandi.

Asia Real Estate People in the News 2023-01-30

Michael Cole — Mon, 30 Jan 2023 03:14:58 +0000

One of Hong Kong’s best known conglomerates leads this week’s set of personnel updates on Mingtiandi as Hong Kong’s John Swire and Sons announces new leadership for its US property business. Also making the list are senior level appointments at... Read More>>

The post Asia Real Estate People in the News 2023-01-30 appeared first on Mingtiandi.

Swire Properties Adds New Tower to Pacific Place Portfolio in Hong Kong

Pawara Laothamatas — Thu, 22 Dec 2022 13:45:27 +0000

Swire Properties is expanding its Pacific Place portfolio eastward from Hong Kong’s Admiralty into Wan Chai district, having dubbed a 24-storey office tower on Queen’s Road East as Six Pacific Place earlier this month.

Set to be completed in the... Read More>>

The post Swire Properties Adds New Tower to Pacific Place Portfolio in Hong Kong appeared first on Mingtiandi.

Swire Buying Out Sino-Ocean’s Half-Stake in Chengdu Mall for $800M

Christopher Caillavet — Sat, 17 Dec 2022 06:43:45 +0000

Swire Properties is taking full ownership of a Chengdu mall through a deal to buy out Sino-Ocean Group’s interest in the 50:50 joint venture for RMB 5.55 billion ($800 million), as the mainland partner in the development grapples with a... Read More>>

The post Swire Buying Out Sino-Ocean’s Half-Stake in Chengdu Mall for $800M appeared first on Mingtiandi.

Swire Group Sells Hong Kong Luxury Project to Fund for $128M

Pawara Laothamatas — Mon, 12 Dec 2022 06:12:15 +0000

Swire Group has sold a luxury housing compound on Hong Kong’s Peak for HK$1 billion ($128.3 million), in what has been tallied as the city’s most expensive luxury property deal so far this year on a per square foot basis.

Swire Tower in Hong Kong Opens as IWG Flexible Office Centre

Pawara Laothamatas — Sun, 04 Sep 2022 03:39:29 +0000

Flexible office giant IWG this past week announced the opening of a new venue occupying all 18 floors of Swire Properties’ 8 Queen’s Road East in Wan Chai, adding 67,000 square feet (6,224 square metres) of flexible space to Hong... Read More>>

The post Swire Tower in Hong Kong Opens as IWG Flexible Office Centre appeared first on Mingtiandi.

Swire Pacific’s $500M Repurchase Plan Sparks Rally and More Asia Real Estate Headlines

Proud Channara — Thu, 11 Aug 2022 17:53:05 +0000

In today’s roundup of regional news headlines, Swire Pacific’s Hong Kong-listed shares rally after the group announces a $500 million buyback, US-based Barings inks a deal to acquire Australian firm Altis Property Partners, and a think tank with Beike ties... Read More>>

The post Swire Pacific’s $500M Repurchase Plan Sparks Rally and More Asia Real Estate Headlines appeared first on Mingtiandi.

Swire Properties Wins Wan Chai Residential Tender With $249M Bid

Pawara Laothamatas — Wed, 22 Jun 2022 14:51:29 +0000

Swire Properties is expanding its holdings near its Pacific Place complex on Hong Kong island, having bested 20 competing bids to secure a residential site in the city’s Wan Chai area through a government tender for HK$1.96 billion ($249.9 million),... Read More>>

The post Swire Properties Wins Wan Chai Residential Tender With $249M Bid appeared first on Mingtiandi.

Swire Properties Sells Miami Hotel in $174M Deal as Asset Sales Continue

Pawara Laothamatas — Thu, 04 Nov 2021 12:39:36 +0000

Swire Properties last week announced the sale of a Miami hotel in a $174 million deal which brings the unit of Hong Kong conglomerate Swire Pacific’s stack of asset disposals to nearly $1.9 billion since July of last year.

The... Read More>>

The post Swire Properties Sells Miami Hotel in $174M Deal as Asset Sales Continue appeared first on Mingtiandi.

Merlin Swire Steps Down as Chair of Swire Properties, Swire Pacific

Michael Cole — Sat, 22 May 2021 10:21:36 +0000

After steering his family’s 200-year-old empire through some of Hong Kong’s most turbulent times in recent memory, Merlin Swire is stepping down as chairman of Swire Properties and Swire Pacific, according to an announcement to the Hong Kong stock exchange... Read More>>

The post Merlin Swire Steps Down as Chair of Swire Properties, Swire Pacific appeared first on Mingtiandi.