Asia Pacific real estate investment news and information
Less than four months after acquiring its third property in Hong Kong, co-living operator Weave has purchased its fourth and largest building in the Asian financial hub, according to sources familiar with the transaction who spoke to Mingtiandi.
The Warburg… Read More>>
Despite the impact on Hong Kong’s hotel industry after months of escalating social unrest, a select number of players are doing some bargain hunting in the Asian financial hub.
Among the most active purchasers this year has been Payson Cha’s… Read More>>
A four-star hotel in Hong Kong’s Tsim Sha Tsui district, which fell into receivership after its owner was tortured to death on the mainland has received an offer from an interested buyer, according to a report in the Hong Kong… Read More>>
Hong Kong-listed SEA Holdings has acquired the majority of a 24-storey office building in the city’s Central district for HK$780 million ($99.53 million), with the sale reportedly taking place after the owners agreed to drop the price by more than… Read More>>
Hong Kong restaurant operator Tsui Wah Holdings is said to be offering for sale its flagship location in Central at an asking price of HK$400 million ($51 million), as the city’s ongoing civil unrest chips away at consumer spending.
The… Read More>>
The buyer of a serviced apartment building at 111 High Street in Hong Kong has been revealed by market sources as a recently formed private equity fund manager backed by a US pension fund.
Hong Kong-based Crane Capital has agreed… Read More>>
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>>
Hong Kong hotel designer and Macau casino heir Andre Fu, has purchased a floor in a commercial building in Hong Kong’s Central district for HK$82.01 million ($10.5 million), according to a report in the Hong Kong Economic Times.
Andre Fu,… Read More>>
Hong Kong’s K&K Property has acquired three 1960s-era buildings in Tsim Sha Tsui for redevelopment, according to Knight Frank, which brokered the deal on behalf of the developer founded by Laws Group boss Law Ting-pong
In the latest in a string… Read More>>
Weave co-living is in the process of acquiring a serviced apartment complex at 123 Queen’s Road West in Hong Kong, according to market sources.
The Hong Kong-headquartered firm is said to be paying approximately HK$585 million to purchase the 23-storey… Read More>>
