Troubled investors from mainland China continue to generate activity in Hong Kong’s real estate market, with a set of three office floors belonging an energy firm having recently sold in Wan Chai just over a year after the company’s chairman… Read More>>
China’s CEFC Lights Up $3.2B Real Estate Fire Sale as Founder Under Investigation
CEFC China Energy, whose founder has reportedly been detained for questioning, is said to be selling properties in mainland China, Hong Kong, the US and Europe valued at over RMB 20 billion ($3.2 billion) as it struggles to repay debts… Read More>>
Commercial Plaza Deal Sets Wan Chai Price Record and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, an office unit just sold in Wan Chai for a record-breaking price, while a top jewelry retailer saw its rent in Causeway Bay slashed 40 percent. Also in the headlines, Hang Lung Properties’… Read More>>