US real estate private equity firm AEW has reportedly sold a 14-storey boutique serviced apartment building in Hong Kong’s Central district for HK$240 million ($30.66 million), that it had held for just three years, according to a person with knowledge… Read More>>
Gaw Capital Partners is leading a consortium of investors, including Goldman Sachs and Blackstone in buying a portfolio of 12 shopping centres from Hong Kong’s Link REIT for HK$12.01 billion ($1.54 billion), according to an announcement today by the manager… Read More>>
China Southern Airlines is reportedly putting up for sale a four-storey office space in a waterfront building in Hong Kong’s Sai Ying Pun area, with hopes for a HK$1 billion ($130 million) payday, according to a report in the Hong… Read More>>
Hong Kong’s real estate market went from red hot to frostbitten between June and October, with purchases of property assets in the city dropping by as much as 65 percent from the previous quarter in some market sectors.
Real estate… Read More>>
Hong Kong’s housing market made headlines earlier this month when home prices fell for the first time in nearly two and a half years, after an unprecedented bull run.
Now data is emerging to show that the trend in the… Read More>>
Four months after buying a pair of Hong Kong office buildings from Swire Properties for HK$15 billion ($2 billion), a privately-held affiliate of mainland investor Chen Chang Wei’s Hengli Group has reportedly recruited Gaw Capital Partners to take as much… Read More>>
Hong Kong-listed builder Hopson Development announced last week that it has become the latest mainland buyer of a floor in the Center, a premium office property located in Hong Kong’s Central business district.
The Guangdong-based builder is paying approximately HK$1.1 billion… Read More>>
Global insurance giant Allianz is committing an estimated $175 million to a commercial real estate investment fund targetting opportunities in China, managed by Warburg Pincus-backed KaiLong Group.
Allianz announced on Monday that it is taking a 35 percent share in… Read More>>
Blackstone is acquiring a set of ten community retail properties in Hong Kong from Link REIT for HK$10 billion ($1.28 billion), according to an account in the city’s Ming Pao newspaper, citing sources familiar with the transaction.
The reported retail… 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>>