The Shenzhen government’s largest listed real estate firm has made its first foray across the border, buying a residential site in the New Territories for HK$3.17 billion (US$406.2 million) in a joint venture with affiliated Hong Kong firm, Road King… Read More>>
Henderson Land Development bought the remaining stake in a 53-year-old Kowloon apartment block that it did not already own for the reserve price of HK$1.698 billion ($216.6 million) this week, with plans to redevelop the decrepit building into a new… Read More>>
Hong Kong’s Nan Fung Development has outbid 11 rivals to win a commercial site near the former Kai Tak airport for the record-breaking price of HK$24.6 billion ($3.16 billion), according to a statement from the city government late yesterday.
Although… Read More>>
Shui On Land which developed one of China’s landmark real estate projects in Shanghai nearly two decades ago, has agreed to sell off a set of projects in Chongqing to China Vanke for RMB 4.1 billion ($598 million), according to… Read More>>
Co-working unicorn WeWork is building up a team to bring its shared office platform into Singapore, with mainland competitors URWork and naked Hub also targetting the southeast Asian financial centre.
WeWork is preparing to enter the Singapore co-working space according… Read More>>
Henderson Land Development has made a car park in Central district Hong Kong’s most valuable commercial property, after the top local developer agreed to pay HK$23.3 billion ($3 billion) for the site at a government land auction which closed last… Read More>>
New World Development has purchased its second commercial site within three months in Hong Kong’s Cheung Sha Wan area, bringing its total land purchases in the Kowloon neighborhood to HK$11.8 billion ($1.5 billion) since mid-February.
The top Hong Kong developer… Read More>>
Hong Kong’s Cheung Sha Wan market may get a little hotter next month when a newly renovated office building is set to be auctioned off in the active West Kowloon area. The 23-storey PeakCastle tower will be offered by public… Read More>>
One of China’s top shared office players, URWork, has inked an agreement with rival New Space for a strategic merger, according to a recent joint announcement by the two mainland flexible office providers.
The market valuation of the combined companies… Read More>>
In an effort to curb the city’s rising home prices, Beijing wants to increase housing supply – and developers participating in a recent land auction showed their willingness to contribute to the program by snapping up more than a billion… Read More>>