Leading today’s Hong Kong real estate news, Hanison Construction is offloading an office building in Cheung Sha Wan, western Kowloon on a strata-titled basis for as much as HK$28.4 million per floor, less than four months after selling a 50… Read More>>
Shop King Said Buying Kwai Chung Asset for HK$1.6B and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city’s “Shop King” Tang Shing-bor seems to be snapping up another shed, with reports that the veteran real estate investor paid HK$1.6 billion for a 13-storey industrial building in the Kwai Chung… Read More>>
Brawling Brokers Rebuked and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, city authorities have warned property agents against violence after two brawls broke out between brokers competing for clients in the last few days. And today’s coverage shows the breadth of Hong Kong’s space… Read More>>
Midea Real Estate Seeking $1B Listing in The City and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the real estate arm of the home appliance company Midea is seeking an initial public offering in Hong Kong Stock Exchange.
Also in the headlines, CK Assets’ Victor Li is urging the government… Read More>>
Strata Owners of the Center Hope for Instant Returns and More Hong Kong Real Estate Headlines
The new owners of the Center on Hong Kong’s Queen’s Road are wasting no time in looking for a return on the investment, and their hopes for instant profits of up to 66 percent lead today’s real estate news in… Read More>>
Tang Shing-bor Buys Tsim Sha Tsui Hotel For HK$330M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Shop King Tang Shing-bor snapped up a commercial building leased to a hotel in Tsim Sha Tsui for HK$330 million ($42 million). Also in the headlines, the city’s office rents are poised to… Read More>>
Hsin Chong Defaults on $300M in Bonds and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, listed builder Hsin Chong Group announced it won’t pay its $300 million senior notes that were due on Friday, becoming the second Asian company after Noble Group to default on US dollar bonds… Read More>>
Stefan Leser Takes the Reins as CEO of Langham Hospitality Group
Langham Hospitality Group, the luxury hotel arm of Hong Kong-listed Great Eagle Holdings, has named travel and hospitality veteran Stefan Leser as chief executive officer. Leser succeeds Robert Warman, who recently retired after serving as CEO since 2014.
Based in… Read More>>
Champion REIT’s Langham Place Mall Saw Record $15M Turnover Rent in 2017
Champion REIT, the Hong Kong-listed trust sponsored by developer Great Eagle, saw record turnover rent of HK$116 million ($14.8 million) in its Langham Place Mall last year, said Ada Wong, the trust’s CEO at a media briefing on its annual… Read More>>
Local Developers Place 9 of 10 Bids for $1.3B South Hong Kong Island Site
Hong Kong developers dominated the bidding for a residential site in the city’s Wong Chuk Hang area that is expected to sell for up to HK$10 billion (US$1.28 billion).
The tender for the 600-home site adjacent to the Wong Chuk… Read More>>