Leading today’s Hong Kong real estate news, more hotels are being converted to co-living space in search of greater rental yields, and the government is casting about for solutions to relieve the city’s housing crisis, including build flats at a… Read More>>
Payson Cha’s Hanison Construction Holdings has teamed up with an unnamed investor to buy an industrial building in Hong Kong’s Kwai Chung area for HK$720 million ($92 million), the developer announced Wednesday, as the city’s biggest logistics hub continues to be… Read More>>
Nine months after attempting to sell off a Cheung Sha Wan building by public tender, Hanison Construction surprised the market with the HK$800 million ($102 million) sale of a 50 percent stake in the PeakCastle commercial building in Hong Kong.
Tycoon Payson Cha’s Hanison Construction Holdings has picked up a block of serviced apartments in Hong Kong’s Sheung Wan neighbourhood for HK$506 million ($64.7 million), according to a report in the Hong Kong Economic Times. The purchase of the building just… Read More>>
Hong Kong chief executive Carrie Lam announced in early October that government bureaus are developing new policies to revitalise old industrial buildings for non-industrial use, but the city’s real estate investors have already begun buying up aging workshops and warehouses… Read More>>