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victoria secret

Victoria’s Secret Closes Hong Kong Flagship Store and More Asia Real Estate Headlines

2020/06/25 by Michael Cole 1 Comment

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>>

Mark Dixon IWG

IWG to Open Causeway Bay Centre as Regus Parent Plunders WeWork Spoils

2020/06/03 by James Hatton Leave a Comment

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

2020/04/21 by James Hatton Leave a Comment

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>>

Lee Tze Bun Le Saunda founder

Hong Kong Shop Sold for Nearly Half Off as Virus Hits Retail

2020/03/25 by Stephanie Li Leave a Comment

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>>

LV to Close Store in Hong Kong’s Causeway Bay Amid Collapsing Sales

2020/01/06 by James Hatton 1 Comment

Louis Vuitton is set to become the second major fashion brand to opt not to renew a lease in Hong Kong since the start of the city’s pro-democracy protests seven months ago, as retail sales plunge in the Asian financial… Read More>>

Russell Street Causeway Bay

10% of Shops in HK’s Causeway Bay Now Empty and More Asia Real Estate Headlines

2019/09/18 by Michael Cole Leave a Comment

News from the world’s priciest shopping district leads today’s collection of Asia real estate headlines, as a new agency report indicates that nearly one in every ten shops in Hong Kong’s Causeway Bay district are now empty.

While the retail… Read More>>

Ronnie Chan Hang Lung

Hang Lung Plans HK$2.6B North Point Project and More Hong Kong Headlines

2019/04/14 by Dorothy Ma Leave a Comment

The world’s most expensive real estate market never stops moving and in this week’s roundup of Hong Kong stories, we bring you all the events that didn’t make its way into Mingtiandi’s breaking news coverage last week. We lead the… Read More>>

Russell Street Causeway Bay

Winland Group Buys Causeway Bay Project From New World for HK$2.17B

2018/12/20 by Emma Zhou Leave a Comment

Hong Kong’s real estate market is likely to see another compulsory sale application after local agency-turned-property investment firm Winland Group purchased 96 percent ownership of the Sun On Mansion in Causeway Bay for HK$2.17 billion ($280 million), according to a… Read More>>

Yoo Residence Causeway Bay

HNA Sells Hong Kong Properties at 30% Discount

2018/12/15 by Emma Zhou Leave a Comment

Distressed mainland conglomerate HNA Group has reportedly taken a big loss on properties it owned in Hong Kong’s Causeway Bay district, selling them off this past week for HK$70 million less than what it paid for them just last year.

… Read More>>

Ben Dickinson JLL

HK Office Rents to Rise 5% or Less in 2019 as Tenants Cool Expansion Plans

2018/12/12 by Emma Zhou Leave a Comment

Hong Kong office rents are expected to increase by no more than five percent in 2019, despite record-low vacancies in prime commercial districts, as occupier demand slows after years of competition for space in the regional finance hub, according to… Read More>>

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