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Don Taylor of Swire Properties

Swire Properties Adds New Tower to Pacific Place Portfolio in Hong Kong

2022/12/22 by Pawara Laothamatas Leave a Comment

Swire Properties is expanding its Pacific Place portfolio eastward from Hong Kong’s Admiralty into Wan Chai district, having dubbed a 24-storey office tower on Queen’s Road East as Six Pacific Place earlier this month.

Set to be completed in the… Read More>>

Tomson Group chairman and managing director, Hsu Feng

Admiralty Office Floor Sells at Five-Year Low Price in Slow Hong Kong Market

2022/08/11 by Beatrice Laforga Leave a Comment

Hong Kong-listed developer Tomson Group is acquiring an office floor in Admiralty for HK$193 million ($25 million), clinching the asset at a unit price of HK$18,161 per square foot which is reportedly the lowest in five years amid muted market… Read More>>

Nick Tang Wang On

Wang On Sells Admiralty Asset for $66M as HK Office Sales Pick Up

2021/10/02 by Pawara Laothamatas Leave a Comment

Wang On Properties has agreed to sell an entire floor at the United Centre for a consideration of HK$515 million ($66.1 million) or HK$29,022 per square foot, following the uptick in Hong Kong’s office market in August, with rents in… Read More>>

Bank of America tower

Office in Hong Kong’s Bank of America Tower Leased at 30% Discount as Rents Slide

2019/10/21 by James Hatton Leave a Comment

As the Hong Kong office market continues to struggle through street protests and disappearing mainland corporates, an office has been leased in one of Hong Kong’s prime commercial districts at a 30 percent discount from prevailing current market prices, according… Read More>>

The Center, Central, Hong Kong

KR Space Balks at Lease in the Center and More Hong Kong Real Estate Headlines

2018/12/19 by Dorothy Ma Leave a Comment

Leading today’s Hong Kong real estate news, shared workspace provider KR Space has balked at paying HK$4.3 million monthly for office space it had planned to rent at The Center on Queen’s Road, with a report in the Apple Daily… Read More>>

Son of Chong Hing Bank Director Makes 30% Profit in 3 Months Thanks to HNA Fire Sale

2018/07/02 by Greg Isaacson Leave a Comment

Hong Kong investor Jeffrey Liu Wai-lun has sold an office unit in Admiralty for HK$52.01 million ($6.63 million) – 30 percent more than the price he paid to snap up the strata-titled asset from struggling Chinese conglomerate HNA Group just… Read More>>

Lewis Tung

HK$660M Sale of Floor in Admiralty Office Tower Breaks Hong Kong Price Record – Again

2018/04/24 by Shawna Kwan Leave a Comment

Less than two weeks after a floor in 9 Queen’s Road Central claimed the title as the city’s most expensive strata-titled property, a floor in Far East Finance Centre has reportedly broken that short-lived price record.

The 33rd floor of… Read More>>

George Hongchoy Link REIT

Link REIT Nets HK$3B from 2017 Deals and More Hong Kong Real Estate Headlines

2018/01/24 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Link REIT’s landmark sale of shopping malls to Gaw Capital and Goldman Sachs helped the trust reap a heap of money through property deals last year. Also in the headlines, Hong Kong developer… Read More>>

Far East Finance Centre

New Price Records Set in Hong Kong as Mainlanders Buy Up Office Space

2017/11/15 by Greg Isaacson Leave a Comment

A high floor of Hong Kong’s Far East Finance Centre in Admiralty has sold for HK$540 million ($69 million) to what is said to be a mainland buyer. The deal, which equates to a price per square foot of HK$50,000… Read More>>

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