While much of Hong Kong rushed to clear their desks before the 1 October holiday, Goldin Financial Holdings boss Pan Sutong was busier than most, as the cash-strapped mainland tycoon announced on 30 September that his company had sold its… Read More>>
Goldin’s HK$18.5B Kowloon HQ Put on the Market by Creditors
The drama around cash-strapped developer Goldin Financial Holdings reached a new high point today as a property agent began marketing the Hong Kong-listed company’s headquarters on behalf of unpaid creditors, according to a statement received by Mingtiandi.
Knight Frank announced… Read More>>
Hang Lung Buys US Govt Plot in Hong Kong at 37% Off 2018 Rates
Under a cloud of sanctions and suspended trade privileges, the US government sold a set of consular residences in Hong Kong’s southern District to Hang Lung Properties for HK$2.6 billion ($331 million), the developer said in an email to Mingtiandi… Read More>>
Mainland Buyer Snaps Up Causeway Bay Hotel at 34% Off
A compact hostelry in Causeway Bay has become the latest Hong Kong property to change hands at a discount, with a mainland buyer picking up Le Petit Rosedale Hotel in the bustling shopping district for 34 percent below the seller’s… Read More>>
Hong Kong’s Cassette King Sells Stake in the Center at 35% Off
One of the most prominent members of an investment consortium which paid a record $5.15 billion to purchase an office building in Hong Kong’s Central district in November 2017 has just sold a chunk of his holdings in the 73-storey… Read More>>
Mainland Property Tycoon Loses 31% on Hong Kong Office Sale
A founder of a Hong Kong-listed mainland developer appears to have taken a 30 percent haircut on an office investment in the New Territories as the city’s commercial real estate market continues to slip this year.
A set of three… Read More>>
Vantone Buys Hong Kong Hotel at 30% Discount as Tourist Drought Continues
A hotel in Hong Kong’s Sai Ying Pun district recently changed hands for HK$310 million ($40 million), taking a 30 percent shave off the HK$450 million asking price when it was put on the market in May.
Beijing-based Vantone Holdings,… Read More>>
Building on Hong Kong’s Nathan Road Retail Strip Sells at 50% Off
A 16-storey building on Kowloon’s bustling Nathan Road commercial strip sold this past week at a 50 percent discount as Hong Kong’s property market continues to slide.
According to local media citing Land Registry records, the Tung Cheong Commercial Building… Read More>>
Hong Kong’s Shop King Puts Wanchai Asset on Market for HK$450M
Hong Kong’s ‘Shop King’ Tang Shing-bor has put a building in Wanchai up for sale at HK$450 million ($58 million), marking the fourth time this year that one of the city’s most prolific property investors has put assets on the… Read More>>
Chuang’s Consortium Secures Redevelopment Site in Hong Kong’s Central
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>>
- 1
- 2
- 3
- …
- 12
- Next Page »
