Asia real estate and outbound investment news
Shimao Group is making a fresh attempt to sell a Sheraton hotel complex near Hong Kong International Airport, with market sources confirming to Mingtiandi that the defaulted developer is seeking HK$4.5 billion ($580 million) for the dual-branded property.
In 2023… Read More>>
Following last month’s successful sale of a Lantau Island residential site by MTR Corp, the Hong Kong government plans to relaunch its tender of a nearby plot as its sole piece of land to go up for sale during the… Read More>>
Hong Kong heavyweight Henderson Land has applied for the compulsory sale of an ageing apartment block in the city’s Mid-Levels, aiming to add the asset to a redevelopment site with two already-acquired adjacent buildings.
The blue-chip builder holds 69.23 percent… Read More>>
Fund manager Schroders is having another crack at selling a Hong Kong commercial floor after a planned auction last year failed to take place.
The third floor of the Harbourfront Landmark, a residential and commercial complex in Kowloon’s Hung Hom… Read More>>
A commercial tower in Hong Kong’s prime Central district has changed hands for HK$1.1 billion ($140 million) in a distressed sale, according to market sources who spoke to Mingtiandi.
The 28-storey building at 152 Queen’s Road Central traded at HK$18,197… Read More>>
Hong Kong’s student housing market is poised for growth as loosened curbs on foreign student enrolment and a growing trend of hotel conversions offer investment opportunities, according to Knight Frank.
The Hong Kong government has doubled the admission quota for… Read More>>
Grade A office rents in Hong Kong were down 5.9 percent in the year to date as of mid-November, according to Cushman & Wakefield, and the consultancy predicts as much as a 9 percent drop in 2025.
In the fourth… Read More>>
Hong Kong’s New World Development has agreed to sell its entire interest in a sports complex at the former Kai Tak Airport site to Chow Tai Fook Enterprises, the private holding firm of New World’s controlling Cheng family, for HK$416.7… Read More>>
Hong Kong Metropolitan University (HKMU) has agreed to buy a Kowloon office building that once served as the Hong Kong headquarters building of defaulted mainland property firm Cheung Kei Group, after the asset lost nearly two thirds of its value… Read More>>
Hong Kong-based property investment firm Gale Well Group in the last two months has put up for sale a set of properties worth around a combined HK$1.6 billion ($202 million), as the privately held company’s founder declares plans to take… Read More>>
