Henderson Land Development has reportedly received a HK$7.3 billion ($930 million) offer from an undisclosed financial group for the FWD Financial Centre, a grade A office building at the western fringe of the city’s Central district, according to a source… Read More>>
Vegas Developer Said Interested in Anbang Hotels and More Asia Real Estate Headlines
At the top of today’s real estate a Las Vegas-based developer may be willing to gamble on acquiring a portfolio of hotels recently put on the market by China’s Anbang Insurance, and the earnings season continues with Hong Kong’s Henderson… Read More>>
Henderson, Lai Sun Said to Sell Tsim Sha Tsui Tower for HK$4.1B
Hong Kong developers Henderson Land and Lai Sun have reached an agreement to sell 8 Observatory Road, a vertical retail building in Hong Kong’s Tsim Sha Tsui area for HK$4.1 billion ($522 million), according to market sources who spoke with… Read More>>
Homeowners to Spend 70% of Income on Mortgage and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, locals lucky enough to buy a new home will soon be spending an average of 70 percent of their monthly income on mortgage repayment, up from the previous 60 percent as mortgage rates rise,… Read More>>
Home Prices Paced the World with 15% Rise in Q1 and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, home prices in the city rose 15 percent in the last quarter year-on-year, the fastest in the world, according to Knight Frank. The real estate firm tracking 57 markets found out that Hong Kong… Read More>>
Henderson Land Wins Approval for 35-Storey Tower on Central’s Murray Road
Henderson Land has received the green light from Hong Kong’s Buildings Department to build a 35-storey commercial tower on a car park site in Central that the developer pounced on for a record-smashing $3 billion one year ago.
The Murray… Read More>>
Henderson Land Buys Four HK Department Stores from FamilyMart Uny for HK$300M
A retail unit of blue-chip developer Henderson Land is acquiring Japanese retailer FamilyMart Uny Holdings Co’s operations in Hong Kong for HK$300 million ($38 million), expanding Henderson’s department store business to Hong Kong Island and Kowloon.
The Henderson subsidiary, Urban… Read More>>
Henderson JV Said Selling TST Building for HK$4B and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a 19-storey Ginza-style commercial building owned by Henderson Land and Lai Sun Group is reportedly nearing a sale to an unidentified buyer for HK$3.9 billion. Also in the headlines, Tuesday’s record-breaking Kai Tak… Read More>>
Soy Milk Heiress Buys Sting’s NYC Flat for $50M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong roundup, a billionaire heiress to a soy milk empire has been revealed as the mystery buyer of British rocker Sting’s massive penthouse overlooking Central Park in Manhattan. Also in the headlines, a residential plot in the… Read More>>
MTR’s Yau Tong Site Lures SHK, Wheelock and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the MTR Corporation’s tender for a residential site in Yau Tong, at the southeastern end of Kowloon ended at 2 pm on Friday with developers including Wheelock, Henderson Land Development and Albert Yeung’s… Read More>>
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