Emperor International, the property development and investment arm of Hong Kong-based conglomerate Emperor Group, has agreed to sell a portfolio of retail, residential and industrial properties across Hong Kong to a vehicle controlled by Emperor Group founder and chairman Albert… Read More>>
Villa on Hong Kong’s Shouson Hill Sells for $63.7M
A luxury villa at the 15 Shouson development in Hong Kong Island’s Deep Water Bay has sold for HK$498.1 million ($63.7 million), breathing life into the ailing local housing market as the Year of the Dragon gets underway.
House 5… Read More>>
Mainland Builder Mingfa Exiting Stake in Shouson Hill Project for $82M
Mingfa Group has agreed to sell its 20 percent stake in No.15 Shouson, a luxury residential project in Hong Kong Island’s Deep Water Bay, to existing partners for HK$650 million ($82.8 million), as the mainland developer looks to raise some… Read More>>
Shouson Hill Home Sells for $55M as Turbulence Challenges HK Luxury Market
A villa has sold for HK$435 million ($55.4 million) at No.15 Shouson in Hong Kong Island’s Deep Water Bay, showing resilience in demand for high-end homes as higher interest rates threaten to tamp down luxury market sentiment.
House 11 in… Read More>>
Deep Water Bay Home Sells for $111M in Hong Kong’s Priciest Deal This Year
A luxury villa in Hong Kong Island’s Deep Water Bay sold on Sunday for HK$870.2 million ($110.8 million), according to public records, in the city’s priciest residential transaction this year.
With the market for Hong Kong high-end housing continuing to… Read More>>
Company Controlled by Family of HK’s Teresa Cheng Buys $75M Tower
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>>
Blackstone Buys Kowloon East Building From Emperor Group for $65M
A busy deal-making period in Asia continued for Blackstone this week, as the US private equity giant became the latest investment group to acquire a building in Hong Kong’s redevelopment hotbed of Kowloon East.
Emperor International Holdings, the property division… Read More>>
Blackstone Unit Sells HK Commercial Building to Emperor Intl for HK$595M
Just three months after purchasing HNA Group’s principal Hong Kong real estate subsidiary for HK$7 billion (then $894.8 million), Blackstone has sold one of the company’s highest profile assets for HK$595 million, according to a pair of announcements to the… Read More>>
Tang Shing-bor Buys Yau Ma Tei Hotel for HK$1.1B as Kowloon Plan Takes Shape
Hong Kong entertainment giant Emperor International has announced to the Hong Kong Stock Exchange that it is selling a hotel property in Hong Kong’s Yau Ma Tei district for HK$1.1 billion ($140 million) to “Shop King” Tang Shing-bor, who is… Read More>>
CK Asset Eyes Mainland Rental Housing and More Hong Kong Real Estate Headlines
Leading today’s news, property giant CK Asset says it’s looking to build rental housing projects in mainland China as Beijing ramps up support for the sector. Also in the headlines, developer Emperor International has applied for the compulsory sale of… Read More>>