The top floor of The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung Kong group, is poised to change hands for HK$738 ($94.5 million), smashing the price per square foot record for a strata-titled office… Read More>>
Hong Kong’s superstar investor may not be quite ready to cede the stage to the next generation, even if he does turn 89 next month.
In battling media reports yesterday, Li Ka-shing appears to be wavering on his retirement plans,… Read More>>
Leading today’s news, Hong Kong’s “Superman” is flexing his financial muscle again as Cheung Kong Property agrees to buy a Canadian HVAC business for more than $2.1 billion. Also in the headlines, after the city of Beijing rolled out nearly… Read More>>
Hong Kong’s richest man can’t take it with him, but he can still shed tears of joy over the cash he’s making from the city’s booming real estate market, while Vincent Lo convinces an SCMP reporter that Shui On is… Read More>>
At the top of the page today, some of Asia’s wealthiest investors are bidding for the rights to run a fleet of European parking lots. Also in the news, China’s much discussed but seldom encountered property tax has just moved… Read More>>
Despite new stamp duties introduced last year demand for new homes in Hong Kong continues to rise in 2017. Also in the headlines today, comments by Goldman Sachs that China developer shares were undervalued helped trigger high single digit price… Read More>>
This week’s news starts off with mainland developers finding creative paths to funding to deal with a government clampdown. Also making headlines on Monday, CK Property is offering discounts to attract buyers put off by Hong Kong’s new stamp duty… Read More>>
One Hong Kong newspaper is reporting that Li Ka-shing has sold off a 75 percent stake in one of his trophy assets, while Donald Trump may be in trouble with some US voters, but according to stories in the press… Read More>>
Companies controlled by Hong Kong billionaire Li Ka-shing have sold the Century Link commercial complex in Shanghai’s Pudong district for RMB 20 billion ($2.96 billion) according to statements to the Hong Kong stock exchange. The transaction sets a 2016 high-water… Read More>>
Unit holders in ARA Asset Management-controlled Prosperity REIT overwhelmingly rejected the trust’s proposed HK$1.9 billion acquisition of an office building in Hong Kong this week, according to a statement by the trust to the Hong Kong stock exchange.
The proposed… Read More>>