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Hong Kong developer to offer 300 homes at 50% discount to market price

Hong Kong property developer New World Development said on Monday it plans to sell 300 new homes at a discount of roughly 50% to the market price in the city's first subsidised private housing project.

Amid Evergrande crisis, more Chinese developers to issue ABS

Some of China's major property developers are planning to issue asset-backed securities in the near term, a further sign that regulators are marginally broadening financial channels for developers amid Evergrande's debt crisis.

Israeli firm to sell HSBC Tower in New York for $855 million

Israel's Property and Building Corp said on Sunday it agreed to sell the HSBC Tower building in midtown Manhattan for $855 million to New York-based real estate firm Innovo Property Group, recording a net loss of $45 million.

China top representative in Macau to advise govt on national security-state media

China's top representative in the semiautonomous gambling hub of Macau will begin advising the former Portuguese colony's government on national security matters, state news agency Xinhua reported on Friday.

Entra buys Oslo Areal for $1 5 bln as Nordic real estate M&A continues

Norwegian real estate firm Entra said on Friday it had agreed to buy rival Oslo Areal for 13.55 billion Norwegian crowns ($1.48 billion), in the latest twist of consolidation in the Nordic real estate sector.

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