In today’s roundup of regional news headlines, a plan to redevelop three buildings in Hong Kong’s Causeway Bay gets a boost, price growth eases for new homes in China, and a report labels Seoul the world’s fastest-growing commercial real estate… Read More>>
Hysan-Chinachem JV Wins Site in Hong Kong’s Causeway Bay With $2.6B Bid
The kings of Causeway Bay at Hysan Development have defended their turf, besting five other bidders to secure a commercial site near the group’s collection of projects in Hong Kong’s premier retail district.
A joint venture of Hysan, controlled by… Read More>>
Swire Tower Sale Leads Upswing in Hong Kong Commercial Deals
Hong Kong’s battered investment sector is showing signs of life as a recent series of transactions, headlined by Swire Properties’ sale of a Taikoo office tower to Gaw Capital Partners and Schroders Pamfleet, hint at growing investor confidence.
With good… Read More>>
Mainland Buyer Snaps Up Causeway Bay Hotel at 34% Off
A compact hostelry in Causeway Bay has become the latest Hong Kong property to change hands at a discount, with a mainland buyer picking up Le Petit Rosedale Hotel in the bustling shopping district for 34 percent below the seller’s… Read More>>
Causeway Bay Shop Sold at 73% Loss as Virus Wave Menaces Hong Kong
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>>
China Mobile Buys Industrial Site for HK$5.6B and More Asia Real Estate Headlines
Another Hong Kong purchase by a mainland investor leads Mingtiandi’s real estate roundup today as China Mobile walks away a winner from an industrial land sale in the SAR.
Also in the headlines, a 25 percent drop… Read More>>
Victoria’s Secret Closes Hong Kong Flagship Store and More Asia Real Estate Headlines
A leading purveyor of lacy lingerie has joined the exodus from the world’s most expensive retail district, as reports from Hong Kong today report the shutdown of a Victoria’s Secret shop in Causeway Bay.
Also in Mingtiandi’s latest batch of… Read More>>
IWG to Open Causeway Bay Centre as Regus Parent Plunders WeWork Spoils
The parent company of Regus has helped itself to a space in Hong Kong vacated by rival WeWork, as the balance of power shifts within the flexible office universe.
IWG, which owns Regus and four other flexible office brands, confirmed… Read More>>
Causeway Bay Commercial Site Put on the Market for HK$1B in Hong Kong
The COVID-19 crisis has made real the unimaginable in many ways, and now Hong Kong is seeing a site on the world’s most expensive shopping strip being put on the market for the first time in a decade, Mingtiandi can… Read More>>
Hong Kong Shop Sold for Nearly Half Off as Virus Hits Retail
Shoppers have disappeared from the streets of Hong Kong, and with retail sales dropping, some store owners in Asia’s most expensive city have resorted to selling the shop.
A store along Nathan Road in Mongkok — normally one of Hong… Read More>>
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