A unit of China Resources Group has agreed to buy a pair of warehouses in Hong Kong from Kerry Properties for a total consideration of HK$4.62 billion ($588.6 million), with the deal bringing the mainland firm its fourth and fifth… Read More>>
Hong Kong Building Next to Hanison Acquisition in Chai Wan Sells for HK$948M
Johnson Electric has sold a converted industrial building in Hong Kong’s Chai Wan for HK$948 million ($121 million), after an attempt to sell the project for HK$1.2 billion via tender late last year failed to result in a sale.
The… Read More>>
Steak House Carves 80% Off Queen’s Road Lease and More Hong Kong Real Estate Headlines
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>>
Swire Properties Wins Approval for Residential Project in Eastern Hong Kong
Hong Kong-listed Swire Properties has teamed up with China Motor Bus Company to redevelop a former bus depot in eastern Hong Kong into a large combined residential and commercial space, according to a Swire representative who spoke with Mingtiandi.
The… Read More>>
Hong Kong Motor Maker Puts Chai Wan Building on Market for HK$1.2B
Hong Kong’s Chai Wan property market may get a little hotter this month as a converted industrial building is auctioned off on the east end of Hong Kong island.
The 11-storey Johnson Place will be offered to interested buyers via public… Read More>>