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Iris Hong

Satinder Garcha

Nepali Tycoon Buys Singapore Shophouse Hotel From Garcha Group for $62M

2025/05/19 by Iris Hong Leave a Comment

Upscale hotels fashioned from conserved Singapore shophouses continue to attract Asia’s ultra-wealthy, with a Nepali tycoon picking up a hostelry in the Tanjong Pagar area for S$80 million ($61.8 million) 

Lotus One Investment, a private company controlled by Chandra P… Read More>>

Equalbase CEO Nicholas Bischoff speaking at the Mingtiandi Singapore Forum

Trade War Spurs Asia Supply Chain Diversification Says Equalbase: MTD TV

2025/05/14 by Iris Hong Leave a Comment

Recent disruptions from trade wars and tariff talks have not changed the long-term transition of global supply chains toward a more inventory-heavy strategy which places greater value on logistics to mitigate risks, executives from logistics builder and fund manager Equalbase… Read More>>

the-center- hong-kong

Hong Kong Tycoon’s Heirs Marketing Offices in The Center at 43% Off

2025/05/01 by Iris Hong Leave a Comment

Heirs to the fortune of Hong Kong’s late “Minibus King” have dropped their price for two units in The Center, marking a record low for what was once Hong Kong’s most expensive office building.

Two units on the 27th floor… Read More>>

382 Lockhart Road Wanchai

‘Bargain Hunter’ to Swallow Loss on Renovated Wan Chai Tower

2025/05/01 by Iris Hong Leave a Comment

Another Hong Kong property developer is ready to swallow a loss amid the ongoing slump in asset prices in the city, seeking to sell his 19-floor holding in a Wan Chai office building for around 10 percent less than he… Read More>>

Hong Kong home sales

Hong Kong Home Prices Fall to 9-Year Low as Trade War Dims Outlook

2025/05/01 by Iris Hong Leave a Comment

Hong Kong home prices fell for a fourth straight month in March, dropping 0.49 percent from February to drag an official index to the lowest level in nearly nine years despite a rebound in transactions.

Home prices fell 7.8 percent… Read More>>

Shanghai Office Rents Slide For 12th Straight Quarter

2025/04/20 by Iris Hong Leave a Comment

With nearly a quarter of the city’s space standing empty, grade A office rents in Shanghai fell for a 12th straight quarter in the first three months of this year, as international firms pull back on leasing and local demand… Read More>>

far east finance centre lippo

Office Floor in Hong Kong’s Admiralty District Sells for 17-Year Low

2025/04/15 by Iris Hong Leave a Comment

An office floor in Hong Kong’s Admiralty district has sold for a price not seen since the global financial crisis of 2008, as commercial property values in the Asian business hub continue to plummet.

Financially troubled property investor Gale Well… Read More>>

Donald Trump

China Developer Stocks Hit as Hang Seng Has Worst Day Since 1997

2025/04/07 by Iris Hong Leave a Comment

China doesn’t export condos, warehouses or office buildings to the US, but that did not spare the country’s largest property developers from the impact of a global market rout triggered by US President Donald Trump’s tariff barrage announced last week.

… Read More>>

TPG Angelo Gordon head of Asia real estate Wilson Leung

TPG Angelo Gordon JV Marketing Hong Kong Office Floors at 32% Below Acquisition Price

2025/02/24 by Iris Hong Leave a Comment

With Hong Kong’s office market continuing to shrink due to falling demand from tenants, a TPG Angelo Gordon joint venture is marketing a pair of Kowloon East office floors for 32 percent below their 2018 acquisition price.

A tie-up between… Read More>>

Tina He Hines

ADIA, Hines Sell Shanghai Trophy Tower to Mainland Insurer-Backed Fund for Reported $1.5B

2025/02/17 by Michael Cole, Iris Hong Leave a Comment

Houston-based developer Hines and the Abu Dhabi Investment Authority (ADIA) have divested a 60-storey skyscraper in downtown Shanghai to a fund backed by China Post Insurance in a deal said to value the project at as much as RMB 10.9… Read More>>

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