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Vivien Chen Nan Fung

Nan Fung Buys Up Jardine’s Lookout Luxury Site in Hong Kong

2022/01/11 by Pawara Laothamatas Leave a Comment

Nan Fung Development continues to bet on Hong Kong Island’s luxury residential market, reaching just under 70 percent ownership last month of a set of lane houses in Jardine’s Lookout through a series of purchases which totalled over HK$1 billion… Read More>>

Henderson executive director Augustine Wong Ho Ming

Henderson Land Acquires Residential Site in Hong Kong’s Mid-Levels in $66M Deal

2021/12/16 by Pawara Laothamatas Leave a Comment

Henderson Land Development this week moved a step closer to creating a new luxury residential project in Hong Kong’s Mid-Levels, with its acquisition of a property valued at HK$522.1 million ($66.9 million) through a compulsory sale for redevelopment.

Hong Kong’s… Read More>>

David-Chiu Far East Consortium

Far East Consortium Selling Kai Tak Commercial Project to CLP for $433M

2021/12/07 by Pawara Laothamatas Leave a Comment

Hong Kong-listed Far East Consortium has agreed to sell the commercial portion of a project on the former Kai Tak airstrip for a consideration of HK$3.38 billion ($433.3 million), just two weeks after joining with New World Development to acquire… Read More>>

Stan Tang

Blackstone Buys Hong Kong Industrial Building for Self-Storage JV

2021/11/29 by Beatrice Laforga Leave a Comment

US private equity giant Blackstone on Thursday closed on the purchase of its third Hong Kong industrial building this year, picking up a property in Shau Kei Wan held by the family of late “Shop King” Tang Shing-bor to add… Read More>>

Ma Ah-muk

Hong Kong’s Minibus King Sells Kwun Tong Industrial Building for 35% Off

2021/11/28 by Pawara Laothamatas Leave a Comment

Hong Kong’s local investors are taking advantage of the city’s accelerating industrial market, with “Minibus King” Ma Ah-muk recording an en-bloc disposal of a Kwun Tong industrial building this month for HK$390 million ($50 million), or HK$6,657 per square foot.

… Read More>>

Claire Cormier Thielke, Managin Director, Asia Pacific, Hines

Hines Fund Buys Butterfly Hotel in Hong Kong to Create Co-Living Complex

2021/11/25 by Christopher Caillavet Leave a Comment

US developer Hines has acquired Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, which the firm plans to convert into a co-living flagship to be managed by local residential operator Dash Living.

The 18-storey asset… Read More>>

Guo Zi Wen aoyuan

Aoyuan Sells Project in Hong Kong’s Mid-Levels at a Loss Amid Cash Flow Crisis

2021/11/18 by Pawara Laothamatas Leave a Comment

Cash-strapped mainland developer China Aoyuan Property Group this month agreed to sell off a redevelopment project in Hong Kong’s Mid-Levels to raise cash, and is expecting to recognise an estimated loss of HK$176.6 million on the disposal, according to an… Read More>>

link reit ceo george hongchoy and chairman Nicholas Allen

Link REIT Buys Hong Kong Auto Facilities, Guangdong Sheds for Combined $865M

2021/11/11 by Michael Cole Leave a Comment

Just days after unveiling its acquisition of a trio of retail assets in Sydney, Link REIT has announced the purchase of four more properties in a single day to bring its deal total for the week to nearly $1.26 billion.

… Read More>>

Teresa Cheng

Company Controlled by Family of HK’s Teresa Cheng Buys $75M Tower

2021/10/27 by Pawara Laothamatas Leave a Comment

A company controlled by the family of Hong Kong secretary for justice Teresa Cheng is jumping into the city’s industrial property boom with a HK$585 million ($75.2 million) purchase in the New Territories, according to an announcement this month to… Read More>>

Tung chee Hwa

Tung Chee-Hwa Family Buys Pair of Floors in The Center for HK$1.3B

2021/10/23 by Michael Cole Leave a Comment

Sales of Hong Kong office space are on the way up, but at prices well below pre-COVID rates, as members of one of the city’s richest families recently picked up a pair of floors in Central at around 20 percent… Read More>>

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