Asia real estate and outbound investment news
Less than four months after acquiring its third property in Hong Kong, co-living operator Weave has purchased its fourth and largest building in the Asian financial hub, according to sources familiar with the transaction who spoke to Mingtiandi.
The Warburg… Read More>>
Collapsing hotel bookings lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that hoteliers in Hong Kong could see their revenues halved, according to ratings agency S&P, as visitors stay away from the… Read More>>
Despite the impact on Hong Kong’s hotel industry after months of escalating social unrest, a select number of players are doing some bargain hunting in the Asian financial hub.
Among the most active purchasers this year has been Payson Cha’s… Read More>>
Co-living specialist Hmlet is set to open its biggest location yet in Hong Kong next month, as the Singapore-based company continues to expand its presence in Asia Pacific.
The new location, which contains 57 rooms, is Hmlet’s fourth largest in… Read More>>
Warburg Pincus-backed Weave will throw open the doors to its second co-living space in Hong Kong next month as the two-year-old company races to keep ahead of a growing host of rivals aiming to provide millennial-friendly rental housing in the… Read More>>
Grade A office rents in Hong Kong’s traditional business district experienced their largest quarterly drop in seven years according to a newly released report, as a slowing mainland China economy and ongoing protests dampened demand in the world’s priciest commercial… Read More>>
Protests may have brought Hong Kong to a near standstill on Saturday, but events continue to move quickly for the city’s largest property developers as Henderson Land, Sun Hung Kai and CK Asset boss emeritus Li Ka-shing all announced new… Read More>>
A four-star hotel in Hong Kong’s Tsim Sha Tsui district, which fell into receivership after its owner was tortured to death on the mainland has received an offer from an interested buyer, according to a report in the Hong Kong… Read More>>
The chief operating officer of Link Asset Management has resigned after nearly ten years with the manager of Hong Kong’s Link REIT, according to a company announcement.
Andy Cheung Lee-ming’s departure from the Link REIT was revealed in an release… Read More>>
Property services firm CBRE is set to be the latest global corporation to flee Hong Kong’s Central district, as companies continue to question whether their businesses benefit from being in the world’s most expensive office location, according to a report… Read More>>
