Asia real estate and outbound investment news
The Hong Kong Lands Department on Wednesday announced that a subsidiary of China Poly Property, has won a tender for a 3,689-square-metre (39,708 square feet) residential site in Yau Tong, in the southeastern end of Kowloon.
Poly Property, China’s fourth… Read More>>
The redevelopment trend in Hong Kong’s largest logistics hub continues to heat up as an unnamed investor bought a 53,000 square metre industrial facility at 2-16 Lam Tin Street in Kwai Chung district for HK$770 million ($98 million), according to… Read More>>
After years of slowing sales, Hong Kong’s retail market has started to pick up, signalling good news for occupiers and investors alike.
For almost four years, the retail market has seen decreasing sales, primarily owing to a slowdown in the… Read More>>
Victor Li’s CK Asset Holdings has won the tender for a 1.5 million square foot (139,000 square metre) project in Hong Kong’s Wong Chuk Hang area, according to an announcement today by the city’s MTR Corporation, which sold the combined… Read More>>
Alternative investment firm PAG has reportedly made a profit of HK$600 million ($76.44 million) via its recent sale of a data centre in the Hong Kong industrial district of Kwai Chung, less than three years after purchasing the property.
Having… Read More>>
CK Asset Holdings confirmed today that it will redevelop its Hutchison House office building in Hong Kong as the city’s rising real estate values spur the developer to look for greater returns from the prime location in Central district.
“The… Read More>>
As property prices in Hong Kong continue to surge, even 20 square metre shops 17 kilometres from downtown are trading at record prices as the world-leading rates from Hong Kong island are pulling up markets more than half an hour’s… Read More>>
Another member of the consortium behind last year’s landmark HK$40.2 billion ($5.15 billion) acquisition of the Center on Hong Kong’s Queen’s Road is getting ready to flip his floor of the iconic office tower — but not before slicing it… Read More>>
Shun Tak Holdings managing director Pansy Ho was revealed on Thursday to have bought a luxury house at 28 Gough Hill Road on Hong Kong’s Victoria Peak for HK$900 million ($114.69 million), the highest square-foot price in Asia for a… Read More>>
Angelo, Gordon & Co and the family behind the Chellaram trading and transport company are offering to sell a set of three office floors in Kowloon East for around 37 percent more than they paid to purchase them… Read More>>
