Hong Kong’s Grand Ming Group has acquired a housing project in To Kwa Wan for HK$320 million ($41.2 million) as the impending completion of a new route on the city’s MTR system spurs developer interest in the Kowloon neighbourhood.
As… Read More>>
Blackstone Buys Industrial Building in Hong Kong’s New Territories for $36M
Following a path to a town near Hong Kong’s border with Shenzhen which has already welcomed traffic from some of the region’s biggest fund managers this year, Blackstone has acquired a six-storey building in Hong Kong’s Fanling area for HK$282.6… Read More>>
CBRE Announces Two Hotels Team Additions as Hospitality Market Declines
CBRE has appointed two senior-level hires to its Asia Pacific hotels team, placing a bet on a travel rebound once pandemic restrictions are lifted.
IHG Hotels veteran Steve Carroll has joined the agency as head of hotels and hospitality for… Read More>>
Wang On Acquires Kowloon Site for $180M Residential Project
Wang On Properties has announced its purchase of a site in Kowloon for a HK$1.3 billion ($180 million) residential project, following the successful launch of a boutique residential project in the New Territories last month.
Adding to its land supply… Read More>>
Colliers Broker Pair Join Former Boss Antonio Wu at Knight Frank
Knight Frank announced a pair of senior appointments to its capital markets team this week with former Colliers International brokers Willis Mak and Alfred Wong joining the company’s Hong Kong office.
The pair of veteran investment advisors were announced by… Read More>>
KIC Sets Up Future Strategy Group, Announces Senior Promotions
Korea Investment Corporation (KIC) announced a senior management shuffle this week, accompanied by the establishment of a future strategy group to boost its strategic planning processes.
Among the leadership changes, Joseph Cha was named head of KIC’s real estate group,… Read More>>
Cushman & Wakefield Announces Pair of APAC Promotions
Property consultancy Cushman & Wakefield this week announced a pair of senior promotions in its team looking after the company’s largest clients.
Nick Seaton has stepped up as regional head of integrated portfolio management (IPM) for the company and will… Read More>>
IPO Tycoons Help Drive Near Tripling of Hong Kong Luxury Home Sales
Sales in Hong Kong’s luxury residential market nearly tripled in the 12 months that ended 30 June, driven by wealthy locals who resumed home-buying activities and a surge of initial public offerings on the Hong Kong and Shenzhen stock exchanges.
Shimao Opens 76th-Floor Flexible Office Outlet in Hong Kong’s The Center
Just under four years after its chairman joined a consortium that purchased one of Hong Kong’s tallest office buildings for $5.2 billion, Shimao Holdings has opened a floor in The Center as a serviced office space, according to local news… Read More>>
CK Asset Wins Tender for New Territories Housing Site With $91.8M Bid
CK Asset Holdings, the development flagship of billionaire Li Ka-shing’s business empire, has taken a step towards replenishing its thin project pipeline after topping 15 rival bids to secure a residential plot in the New Territories for a greater-than-expected HK$716… Read More>>