Asia Pacific real estate investment news and information
New World Development said late Thursday that no agreement has been reached regarding potential investments in the company, after a Bloomberg report hours earlier indicated that Blackstone is nearing a deal to become the embattled developer’s largest shareholder.
Citing discussions… Read More>>
Average rents for grade A offices in Hong Kong rose 0.4 percent in December as rising demand in the city’s core business district counterbalanced rising vacancy from completion of new buildings in the Asian commercial hub.
Office leasing rates averaged… Read More>>
Luxury travel retailer DFS Group has agreed to sell its Greater China business to China Tourism Group Duty Free for not more than $395 million as the LVMH unit continues to downsize.
CTG Duty Free, which is listed on both… Read More>>
A pair of villas in Hong Kong Island’s Deep Water Bay have sold for about 44 percent below the 2022 price for homes in the luxury project as buyers continue to scoop up bargains in the city’s high-end housing market.
Hongkong Land on Monday announced a new lease with Ares Management that will see the US investment firm double its office space at the Jardine Matheson-controlled builder’s Gloucester Tower in Hong Kong’s Central district.
Effective March 2026, Ares will add… Read More>>
Hong Kong property investors continue to suffer from the decline of the city’s commercial real estate values, with a cash-strapped player recently parting with a floor in the Bank of America Tower for more than a third less than the… Read More>>
Chinese e-commerce titan Alibaba and its Ant financial affiliate have completed their $925 million buy of the top 13 floors of Mandarin Oriental Hotel Group’s newly built Causeway Bay commercial tower, helping to boost Hong Kong real estate investment by… Read More>>
Casino magnate Lawrence Ho has avoided joining the ranks of troubled Hong Kong tycoons selling assets at a loss, with the chairman of Melco Resorts and Entertainment having sold his home in the city’s exclusive Deep Water Bay area for… Read More>>
Hong Kong’s recovering financial markets have rekindled office leasing demand in the city’s Central district, where rents began to inch upwards in recent weeks, at the same time that the outlook for the city’s secondary commercial hubs continues to look… Read More>>
London-based Qube Research and Trading has agreed to take up six floors in Hong Kong’s IFC, with the deal marking the second-largest office lease in the city’s Central district in the past decade, ranking behind a June deal announced by… Read More>>
