Asia Pacific real estate investment news and information
The world’s most valuable co-working provider launched its WeWork LKF Tower on Tuesday in Hong Kong’s famed nightlife district, Lan Kwai Fong.
The $42 billion shared space startup’s latest centre is housed in the former Hotel LKF at 33 Wyndham… Read More>>
China’s Bank of Communications appears to be taking advantage of a sustained slide in Hong Kong retail rents to expand its footprint in the city’s Central district at a rent less than half of what an earlier tenant paid for… Read More>>
Henderson Land Development has reportedly received a HK$7.3 billion ($930 million) offer from an undisclosed financial group for the FWD Financial Centre, a grade A office building at the western fringe of the city’s Central district, according to a source… Read More>>
The sixth floor of the On Lok Yuen Building on Hong Kong’s Dex Voeux Road was purchased by a Macau investor for HK$100 million, the Land Registry announced late last month. The investor has now been identified as Chan Wai… Read More>>
The second-largest bitcoin exchange globally may now be taking one of the world’s highest office rental bills after agreeing to pay a record HK$225 ($28.67) per square foot per month to lease a full floor of the Cheung Kong Center… Read More>>
Leading today’s real estate news in Greater China’s commercial powerhouse, Hong Kong’s executive council has reportedly approved a plan for a tax on vacant flats, as city leaders scramble to demonstrate concern over rising home prices. Also in the headlines,… Read More>>
HNA Group is reportedly shedding nearly half of its office footprint in Hong Kong’s Three Exchange Square, just 15 months after the troubled Chinese conglomerate leased eight floors in the downtown tower.
The mainland firm is said to be seeking… Read More>>
CK Asset Holdings is said to be planning the redevelopment of Hutchison House in Hong Kong’s Central district, an effort that could quadruple the 44-year-old office tower’s valuation to as much as HK$32 billion.
The property arm of the CK… Read More>>
The world’s priciest office market is driven by two types of demand — from cost-conscious multinationals, and from monied mainland firms, according to Neil Anderson, Head of Office Space at Hongkong Land, whose company owns Jardine House and the Exchange… Read More>>
Henderson Land has received the green light from Hong Kong’s Buildings Department to build a 35-storey commercial tower on a car park site in Central that the developer pounced on for a record-smashing $3 billion one year ago.
The Murray… Read More>>
