Asia Pacific real estate investment news and information
Receivers have put a Kowloon East office tower on the market, appointing agents to seek a buyer for a waterfront property once emblematic of mainland Chinese investment into Hong Kong’s office sector.
The 19-storey building, known as Neo, was acquired… Read More>>
Hong Kong’s struggling commercial property market continues to offer cut-rate deals for companies ready to buy their own office space, with Singapore’s DBS Bank is set to acquire an additional six floors in The Center on Queen’s Road for around… Read More>>
Maisy Ho Chiu-ha, an executive director of Hong Kong conglomerate Shun Tak Holdings and daughter of the late Macau casino magnate Stanley Ho, died on 12 April after a long battle with breast cancer.
“We regretfully share that our beloved… Read More>>
Hong Kong continued to be the world’s hottest IPO market in the first quarter of this year, with a sixfold increase in funds raised from a year earlier boosting office demand in the city’s financial core.
Total funds raised from… Read More>>
A Hong Kong family has picked up an office building at the western fringe of the city’s busiest commercial district for 71 percent off its 2018 price as banks offload cut-rate properties from the balance sheets.
A company controlled by… Read More>>
Cash-strapped New World Development has deferred an opportunity to secure the final piece in one of the largest redevelopment opportunities in Hong Kong’s Causeway Bay commercial hub after failing to show up for a court-ordered property auction on Thursday.
The… Read More>>
Kerry Properties has acquired a residential site in Hong Kong’s Mid-Levels West for HK$354 million ($45.2 million), the developer’s third addition to its luxury housing pipeline in the last two months.
The 4,300 square foot (399 square metre) site at… Read More>>
In today’s review of real estate news from around the region, Manulife US REIT agrees to sell its Los Angeles office tower for $92.5 million to the city’s water and power department, K Wah International swings to a… Read More>>
The investment arm of one of Hong Kong’s largest property agencies has made its biggest bet yet on the city’s future as a cross-border education hub, picking up a Kowloon hotel from HKEX-listed Regal REIT for HK$1.5 billion ($194 million).
Hong Kong’s largest developer locks in a multi-year low rate on a $2.6 billion refinancing, while Fosun’s Club Med resort chain weighs a return to the city’s stock exchange. Also today, Singapore-listed Stoneweg Europe Stapled Trust doubles down on AiOnX… Read More>>
