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Asia Real Estate Tracker (19-Nov-2025): Mori Trust acquires half of Manhattan skyscraper for $541M.
SUMMARY
- Mori Trust has purchased the lower section of a Manhattan skyscraper for $541 million, indicating strong investment activity in prime real estate.
- Emperor International sold a Wan Chai office block to OCBC at a significant 27% discount compared to its 2013 price, reflecting market adjustments.
- China's H World Hotels reported a 15% profit increase in Q3, showcasing successful expansion efforts amid a broader decline in home sales.
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- Asia Real Estate Tracker (19-Nov-2025): Mori Trust acquires half of Manhattan skyscraper for $541M.19 Nov 2025
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