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JLL Alex Barnes

Hong Kong Tenants Hand Back Offices for 12th Straight Month

2020/08/24 by Michael Cole Leave a Comment

The amount of office space leased in Hong Kong contracted for the twelfth straight month in July as a combination of economic uncertainty, public health emergencies and political tension kept tenants on the sidelines of the world’s most expensive real… Read More>>

Hongkong Land Chater House

Tenants Flee Hong Kong’s Central District as Office Vacancy Hits 5.6%

2020/08/13 by Mingtiandi Team Leave a Comment

Hong Kong’s Central district is witnessing a sharp drop in leasing demand, as corporate occupiers and major retail chains shy away from the cost of operating in the world’s most expensive commercial district.

Office leasing rates fell by 2.4 percent… Read More>>

20-16 gage street central

Chuang’s Consortium Secures Redevelopment Site in Hong Kong’s Central

2020/07/19 by Diana Li Leave a Comment

Halfway through a year of public health crisis and political controversy in Hong Kong, the city’s real estate developers continue to take extraordinary measures to acquire prime sites, with Chuang’s Consortium having snapped up a redevelopment site in… Read More>>

Shaping-Hong-Kong-s-New-Central-Harbourfront-by-Benoy-06

HK$40B Site on Victoria Harbour Could Reshape Hong Kong’s Central

2020/07/08 by Diana Li 2 Comments

Amid market uncertainty and sliding property values, Hong Kong is putting up for sale an iconic commercial site in the city’s busiest district, according to a recent announcement by the city government.

The 4.76 hectare (512,362 square foot) waterfront plot,… Read More>>

john siu cushman

Office Rents in Hong Kong’s Central Fall 3.2% in Q3 – Biggest Drop in 7 Years

2019/10/05 by Jan Kot Leave a Comment

Grade A office rents in Hong Kong’s traditional business district experienced their largest quarterly drop in seven years according to a newly released report, as a slowing mainland China economy and ongoing protests dampened demand in the world’s priciest commercial… Read More>>

Lu Wing Chi

SEA Holdings Buys Office Block in HK’s Central After Reported 35% Price Reduction

2019/09/22 by Jan Kot Leave a Comment

Hong Kong-listed SEA Holdings has acquired the majority of a 24-storey office building in the city’s Central district for HK$780 million ($99.53 million), with the sale reportedly taking place after the owners agreed to drop the price by more than… Read More>>

Lee Yuen Hong

Hong Kong Restaurant Operator Puts Central Space on Market for HK$400M

2019/09/09 by Jan Kot Leave a Comment

Hong Kong restaurant operator Tsui Wah Holdings is said to be offering for sale its flagship location in Central at an asking price of HK$400 million ($51 million), as the city’s ongoing civil unrest chips away at consumer spending.

The… Read More>>

Mico Chung CSI

CSI Ready to Redevelop Site in Hong Kong’s Central After HK$185M Acquisition

2019/09/04 by Jan Kot Leave a Comment

Hong Kong-listed CSI Properties has acquired the remaining four floors in a building on Wellington Street in Hong Kong’s Central district for HK$185 million ($23.59 million), according to an account in the Hong Kong Economic Times

The purchase brings the… Read More>>

andre fu afso

Hong Kong Hotel Designer Andre Fu Buys Floor in Central for HK$82M

2019/07/01 by Tianyuan Zhang Leave a Comment

Hong Kong hotel designer and Macau casino heir Andre Fu, has purchased a floor in a commercial building in Hong Kong’s Central district for HK$82.01 million ($10.5 million), according to a report in the Hong Kong Economic Times.

Andre Fu,… Read More>>

Steak House Carves 80% Off Queen’s Road Lease and More Hong Kong Real Estate Headlines   

2019/06/17 by James Hatton Leave a Comment

With anti-extradition law protests rocking the core of Hong Kong, the property market in the world’s least affordable place to live has gone quiet in the past week.

With activity slowing, a US steak house has found a spot in… Read More>>

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