The race to open new co-working centres in Hong Kong reached another milestone last week when IWG-owned Spaces debuted its second new venue in the city within the last month.
The 37,500 square foot (3,483 square metre) Spaces Wai Yip… Read More>>
Asia real estate and outbound investment news
The race to open new co-working centres in Hong Kong reached another milestone last week when IWG-owned Spaces debuted its second new venue in the city within the last month.
The 37,500 square foot (3,483 square metre) Spaces Wai Yip… Read More>>
Hong Kong’s Chai Wan property market may get a little hotter this month as a converted industrial building is auctioned off on the east end of Hong Kong island.
The 11-storey Johnson Place will be offered to interested buyers via public… Read More>>
Hong Kong’s developing business hub in Kowloon East notched its latest sale of an aging industrial building this week as a local family bought the 25-storey Levertech Center for HK$1.3 billion ($165.60 million).
The buyer of the 118,000 square foot… Read More>>
Fosun Tourism, a recently spun off unit of Hong Kong-listed Fosun International filed proof of an IPO application with the Hong Kong stock exchange on Monday that revealed the latest step in what the company is said to plan as… Read More>>
Zhonghong Holdings, the real estate developer controlled by tycoon Wang Yonghong announced last week that it had defaulted on RMB 1.1 billion ($160 million) in credit obligations in the month of July, bringing the Beijing-based company’s total past-due obligations to… Read More>>
Plans by Hong Kong shared space provider Campfire to add a combined, kindergarten, shared office and food centre in the Whampoa section of Kowloon city to its existing set of five co-working centres on Hong Kong island were revealed in… Read More>>
Top 20 mainland developer R&F Property had a RMB 6 billion corporate bond plan officially terminated by the Shanghai Exchange last week, despite a trend toward mainland regulators re-opening domestic bond issues for real estate companies.
The canceled notes, which… Read More>>
China’s Evergrande Group, the country’s second largest property developer by sales in 2017, said it would shift its development model from pursuing top line growth, to achieving efficiency and quality after it announced a record jump in profit in its… Read More>>
Huazhu Hotels Group, a NASDAQ-listed hotel operator known for its chains of economy hostelries in China, including Home Inn and 7 Days Inn, was revealed by mainland network security organisation JDSEC Team as having been the victim of a hack… Read More>>
CapitaLand announced on August 27th that the company is selling its 70 percent stake in the Westgate shopping centre in Singapore to its CapitaLand Mall Trust (CMT) affiliate for S$789.6 million ($578.6 million). The transaction, which is expected to be… Read More>>