Hong Kong-listed developer Tomson Group is acquiring an office floor in Admiralty for HK$193 million ($25 million), clinching the asset at a unit price of HK$18,161 per square foot which is reportedly the lowest in five years amid muted market… Read More>>
Henderson Land Development has secured a second tenant at its 36-storey office building in Hong Kong’s Central business district, with US private equity giant Carlyle Group having agreed to lease about 20,000 square feet (1,858 square metres) of space at… Read More>>
Japan’s Nomura Securities is surrendering an entire floor in Hong Kong’s second-tallest office tower, having terminated its lease for the 26th floor at Two International Finance Centre last month, according to local media accounts.
After handing back the 23,076 square… Read More>>
Real estate investments in Hong Kong dropped 46 percent during the first quarter of 2022 but the challenges of falling asset values and sliding rents have not deterred New York-based real estate agency Newmark Group from opening an office in… Read More>>
Hong Kong-listed New World Development is realising some returns from a bet on Hong Kong’s emerging commercial districts, having signed an agreement to sell an upper floor of a grade A office tower in Kowloon’s Cheung Sha Wan area for… Read More>>
Sino Group is expanding its Hong Kong Island commercial portfolio with the recent launch of leasing for a Grade A office project in the emerging commercial hub of Wong Chuk Hang, according to a statement.
Landmark South, a 256,957 square… Read More>>
Canadian financial services firm Manulife now has a third office tower in Kowloon East bearing its trademarks as PAG’s International Trade Tower has been rebranded under the name of its anchor tenant.
“We are excited to broaden our footprint into… Read More>>
Wang On Properties has agreed to sell an entire floor at the United Centre for a consideration of HK$515 million ($66.1 million) or HK$29,022 per square foot, following the uptick in Hong Kong’s office market in August, with rents in… Read More>>
Canada-based financial services firm Manulife said Wednesday that its Hong Kong operation had signed a lease agreement for 145,000 square feet (13,471 square metres) of office space in Kowloon East, marking the city’s biggest office leasing deal in terms of… Read More>>
Hong Kong’s office market continued to slide in December, with the vacancy rate for Grade A space in Central surpassing 7 percent for the first time since 2004, according to JLL.
In its Property Monitor Report released Monday, the real… Read More>>