Mickey D’s has decided that selling out may be its best mainland strategy in 2017 – especially as it involves taking in more than $2 billion from CITIC and Carlyle. Also in today’s headlines, developer CSI cashes out in Causeway… Read More>>
CSI Properties to Raise HK$442M in Share Sale
CSI Properties became the latest Hong Kong-listed developer to head to the equity markets for new capital today when the company announced a HK$442.4 million (US$71.98 million) placement of new shares.
The developer controlled by Mico Chung Cho-yee said that… Read More>>
12 Square Metre Hong Kong Shop Sells for US$23M
The new record for most valuable commercial property in Asia belongs to 12 square metre (130 square foot) shop in Hong Kong’s trendy Causeway Bay shopping district.
The non-descript electronics shop at 77-83 Matheson Street near the popular Times Square… Read More>>