A 32-storey commercial building in Hong Kong’s Sheung Wan area is on the verge of being sold for HK$1.9 billion ($242 million) according to local media reports this week, despite the city’s office market during the first quarter of 2019… Read More>>
Hanison Construction Holdings has agreed to purchase an industrial building in Hong Kong’s Kowloon East area just five months after the city’s government said it would reboot a program to encourage redevelopment of workshops, warehouses and go-downs for new uses.
Hong Kong real estate developer Hanison Construction on Wednesday announced to the Hong Kong Exchange that it has agreed to purchase a serviced apartment building in Hong Kong’s Sai Ying Pun area for HK$730 million ($93 million).
Hanison, which is… Read More>>
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>>
Hanison Construction and Angelo, Gordon and Co have sold a commercial building in Sheung Wan to a joint venture between mainland investor Hugo Lam and Hong Kong-listed Asia Cassava Resources for HK$1.1 billion ($140 million).
The acquisition by the joint… Read More>>
Leading today’s Hong Kong real estate news, a commercial building in Jordan, one station north of Tsim Sha Tsui, is said to be close to be disposed of for HK$2.5 billion as investor interest in Kowloon commercial properties continues to… Read More>>
Leading today’s Hong Kong real estate news, just a month after snapping up an industrial building in Kwai Chung, Hanison Construction has reportedly purchased another workshop on the other side of Kowloon for HK$420 million.
Also in the headlines, a… Read More>>
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.