Asia real estate and outbound investment news
Wheelock Properties has acquired its second site on Hong Kong Island in two months, having won full ownership of three ageing buildings in the city’s Central district through a compulsory sale, according to sources familiar with the deal.
The acquisition… Read More>>
Wheelock Properties could be on its way towards developing a HK$2 billion ($254.7 million) commercial project on Hong Kong Island, after having applied for a compulsory sale this month to acquire the remaining pieces of an aging industrial building in… Read More>>
Hong Kong’s New World Development is moving closer to adding a HK$14 billion ($1.7 billion) commercial project to the city’s busiest shopping district, having reportedly applied for a compulsory sale of three adjacent properties in Causeway Bay this month, according… Read More>>
Hong Kong’s Hysan Development earlier this month took a step towards adding another project to its Causeway Bay kingdom with the reported purchase of a unit in an aging building which backs against its Leighton Centre commercial tower and opens… Read More>>
Hong Kong recorded its third-ever unsuccessful compulsory sale just two weeks ago, with the auction for Tai Chi Court in the city’s Tsim Sha Tsui area seeing a buyer walk away from the chance to pick up the commercial property… Read More>>
Henderson Land Development has taken another step towards consolidating a 42,506 square foot (3,948 square metre) site in a Hong Kong redevelopment hotbed, having gained approval for the compulsory sale of a property in Kowloon’s To Kwa Wan neighbourhood last… Read More>>
Wheelock Properties is on its way toward developing another luxury project on Hong Kong Island, having gained approval for a compulsory sale of Ventris Court, a residential tower in the Happy Valley area valued at HK$1.73 billion ($222.4 million), according… Read More>>
Mainland developer Sino-Ocean Group is on its way to securing a site in the Kowloon City area for development into as much as 63,270 square feet (5,878 square metres) of new space, as Hong Kong’s booming residential market continues to… Read More>>
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>>
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>>
