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>>
Asia Real Estate People in the News 2018-01-08
Asia’s property industry is heading into the second week of January with a blizzard of job changes. Today’s roundup of people moves includes a real estate executive joining a Singapore-based realty firm, and a property investment veteran taking a new… Read More>>
China Taiping and Friends Buy HK Office Tower From Henderson for $1.3B
Henderson Land Development has signed an agreement to sell an office tower in Hong Kong’s North Point for HK$9.95 billion ($1.27 billion), to mainland-backed firm Fans Group Limited, according to media accounts. The reported deal would set a new record… Read More>>
Henderson Buys Kennedy Town Site for HK$470M and More Hong Kong Real Estate Headlines
Fresh off of selling a North Point project to China Taiping and friends for HK$9.95 billion, Henderson Land may be trying again in Hong Kong’s Kennedy Town, according to the most recent headlines. Also in the news, December may be… Read More>>
Wang On Said Buying Pokfulam Project for HK$900M and More Hong Kong Real Estate Headlines
Hong Kong’s property market continues its hot streak in the new year with Wang On and Sun Hung Kai each reportedly buying new assets during the first week of 2018. Henderson Land is also in a buying mood as it… Read More>>
Yuen Long Micro-Flats 14x Oversubscribed and More Hong Kong Real Estate Headlines
At the top of today’s Hong Kong news is a race to the residential bottom, as a new batch of micro-flats that could just about fit in your pocket is said to have attracted almost 14 times as many eager… Read More>>
The Center’s Buyers May Need To Borrow $4.7B for Deal and More Hong Kong Real Estate Headlines
At the top of today’s Hong Kong news roundup, the saga of the $5.2 billion sale of The Center has taken another twist, as the mainland-backed consortium that bought the skyscraper is reported to be seeking to borrow up to… Read More>>
Mainland Firm Buys Floor in The Center for HK$594M and More HK Real Estate Headlines
Hong Kong’s neighbors from the north continue to make a big noise in the city’s property markets this past week as mainland firms continue to buy, lease and otherwise grab hold of more bricks and mortar in the city. On… Read More>>
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