Warburg Pincus-backed Weave will throw open the doors to its second co-living space in Hong Kong next month as the two-year-old company races to keep ahead of a growing host of rivals aiming to provide millennial-friendly rental housing in the… Read More>>
Mainland PE Firm Leases Office in HK’s Cheung Kong Center for HK$225 Per SqFt
With central banks growing more cautious on liquidity and political controversies making executives tread lightly, Hong Kong’s office market has been quiet so far this year. At until last week, when a mainland finance firm reportedly leased an office in… Read More>>
First Mortgage Rate Hike in 12 Years Ends Cheap Borrowing Era in Hong Kong
After 12 years of enjoying rock-bottom interest rates, mortgage-holders in the world’s most expensive city in which to buy a home saw their days of cheap financing come to an abrupt end this past week as some 13 banks announced… Read More>>
Omnichannel Retail is Coming to Hong Kong, But Don’t Expect Lower Rents Says JLL
The future of retail is about to be delivered to Hong Kong’s commercial developers, and it’s coming via the Internet, according to a report released today by property consultancy JLL.
The company’s report on the city’s shopping scene, “Reimagining Retail… Read More>>
Goldman Leases Five Floors in Causeway Bay as Blue Chip Bank Balks at Central Rents
Hong Kong’s Central has rents so high that even a $900 billion investment bank has decided to flee the city’s traditional business district. Goldman Sachs is said to be moving its back office staff to a new location three metro… Read More>>
China Investment Deals Up 10% as HK Market Activity Doubles
Investment into Chinese real estate assets grew to US$2.8 billion in the first quarter of 2016, up by 10 percent compared to the same period last year, according to figures released this week by property consultancy JLL.
The increase in… Read More>>
