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Hong Kong's 'Shoe King' Mr Frank Leung

Building on Hong Kong’s Nathan Road Retail Strip Sells at 50% Off

2020/08/10 by Diana Li Leave a Comment

A 16-storey building on Kowloon’s bustling Nathan Road commercial strip sold this past week at a 50 percent discount as Hong Kong’s property market continues to slide.

According to local media citing Land Registry records, the Tung Cheong Commercial Building… Read More>>

china mobile

China Mobile Outbid Local Tycoons by 56% for Hong Kong Data Centre Site

2020/08/10 by Diana Li Leave a Comment

When China Mobile snapped up a New Territories industrial site for HK$5.6 billion ($464 million) at a government auction last month, the mainland telecom giant outbid its closest competitor by nearly 56 percent, according to an announcement by the Lands… Read More>>

Tang-Shing-bor-1

Hong Kong’s Shop King Puts Wanchai Asset on Market for HK$450M

2020/08/05 by Diana Li Leave a Comment

Hong Kong’s ‘Shop King’ Tang Shing-bor has put a building in Wanchai up for sale at HK$450 million ($58 million), marking the fourth time this year that one of the city’s most prolific property investors has put assets on the… Read More>>

Zhou Xin E-House

Alibaba Invests HK$1.86B in E-House to Launch Online Real Estate Platform

2020/08/03 by Diana Li Leave a Comment

Internet giant Alibaba is making its latest attempt to port its e-commerce dominance into China’s real estate market as the Hangzhou-based firm ups its stake in one of the mainland’s largest real estate agencies.

E-House (China) Enterprise Holdings Limited (02048.HK),… Read More>>

beike-zuo-hui

SoftBank-Backed Beike Aims for $1B NYSE IPO

2020/08/02 by Diana Li Leave a Comment

China’s largest property listings website, Beike, is attempting a $1 billion IPO on the New York Stock Exchange despite signs that stock markets are becoming part of growing tensions between the US and mainland China.

On July 24, KE Holdings… Read More>>

Causeway Bay Shop Sold at 73% Loss as Virus Wave Menaces Hong Kong

2020/07/26 by Diana Li Leave a Comment

Hong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive shopping district was sold at a 73 percent loss.

According to Land Registry records cited by the Hong Kong Economic… Read More>>

20-16 gage street central

Chuang’s Consortium Secures Redevelopment Site in Hong Kong’s Central

2020/07/19 by Diana Li Leave a Comment

Halfway through a year of public health crisis and political controversy in Hong Kong, the city’s real estate developers continue to take extraordinary measures to acquire prime sites, with Chuang’s Consortium having snapped up a redevelopment site in… Read More>>

tang shing bor

China Resources Unit Said Buying HK Industrial Asset for HK$820M

2020/07/13 by Diana Li Leave a Comment

A branch of one of China’s largest state-owned conglomerates is growing its footprint in Hong Kong with the HK$820 million ($106 million) purchase of an industrial asset in the eastern New Territories, as mainland players return to the Hong Kong… Read More>>

Shaping-Hong-Kong-s-New-Central-Harbourfront-by-Benoy-06

HK$40B Site on Victoria Harbour Could Reshape Hong Kong’s Central

2020/07/08 by Diana Li 2 Comments

Amid market uncertainty and sliding property values, Hong Kong is putting up for sale an iconic commercial site in the city’s busiest district, according to a recent announcement by the city government.

The 4.76 hectare (512,362 square foot) waterfront plot,… Read More>>

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