Leading today’s Hong Kong real estate news, just weeks after announcing plans to retire, the city’s richest man Li Ka-shing spent HK$130 million ($17 million) to snap up shares in CK Asset Holdings in just two days. Also in the… Read More>>
Country Garden, COLI Join Bidding for Tsing Yi Site and More Hong Kong Real Estate Headlines
They’re back. Or maybe they never really left, but three of China’s biggest developers reappeared in Hong Kong’s property news late last week as the mainland heavyweights joined the bidding for mixed-use site in Tsing Yi. And the New Territories… Read More>>
Henderson Land Underlying Profit Climbs 38% and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news in the city eats, sleeps and dreams about space, Lee Shau-kee’s property heavyweight Henderson Land released its 2017 financial results and beat estimates by announcing a 38 percent rise in underlying profits for… Read More>>
Convenience Stores Carp About Link REIT Rents and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, one of Hong Kong’s biggest operators of convenience stores is finding it tough to sell enough Kit Kats and Pocky to keep pace with rent increases at shopping centres held by Asia’s largest… Read More>>
HNA Sells Two Kai Tak Sites To Henderson Land For $2B
China’s HNA Group has sold a pair of land parcels at Hong Kong’s former airport site in Kai Tak to Henderson Land for HK$16 billion ($2 billion), less than fifteen months after buying the residential plots for a record HK$14.2… Read More>>
HNA to Develop Kai Tak Site Alone and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, HNA said it would not partner with Sun Hung Kai Properties to develop the site in former Kai Tak airport. Also in the headlines, Henderson Land paid HK$2.5 billion as land premium for… Read More>>
Evergrande Buys Tuen Mun Site from Henderson for Reported $844M
Mainland homebuilder Evergrande has purchased a 1,982-unit residential site in Hong Kong’s Tuen Mun area from Henderson Land Development, according to information from the city’s company registry.
China’s second-largest developer by sales is now the owner of the project company… Read More>>
Kwun Tong Housing Site Draws 24 Bids and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate headlines, a residential site in Kwun Tong that could be worth up to HK$3.4 billion brought in two dozen bids from a roster of heavyweights including CK Asset, Sun Hung Kai Properties and Henderson… Read More>>
Retail Rents Rise on Shopping Rebound and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, prime retail rents have ticked up for the first time in a year as local shoppers return to the malls. Also in the headlines, a top executive at Wheelock Properties reveals plans for… Read More>>
VF Corp Said To Lease Kwun Tong Office and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong news roundup, the owner of apparel brands Nautica, Timberland and The North Face may soon be neighbours with WeWork after signing a major lease in Mapletree’s new office tower in Kwun Tong. Also in the headlines,… Read More>>
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