Asia Pacific real estate investment news and information
Retail real estate may be under pressure, but that isn’t stopping some of the world’s biggest property investors from competing for a $2.5 billion portfolio of shopping centres in Hong Kong.
Link Asset Management, the Hong Kong-based manager of Asia’s… Read More>>
Hong Kong’s richest man is reportedly selling his most valuable building, The Center office tower, for a record price of HK$40.2 billion ($5.15 billion). Li Ka-shing’s CK Asset Holdings – formerly Cheung Kong Property Holdings – agreed to dispose of… Read More>>
A prime commercial site in Hong Kong’s Central area may sell for up to HK$11 billion ($1.41 billion), after drawing nine bids from local developers in a tender that closed on Monday.
The city’s Urban Renewal Authority (URA) announced that… Read More>>
Hong Kong’s Kowloon East business district has just received another shot in the arm, with Laws Group scooping up an ageing industrial building in the rising commercial area for HK$1.39 billion ($178.1 million). The family owned conglomerate says it plans… Read More>>
A downturn in visitor arrivals to Hong Kong, along with the city’s world-leading office rents, may be fuelling a trend toward converting hospitality space into co-working centres, as yet another hotel in the centre city looks set for conversion into… Read More>>
An annual study of housing markets worldwide by investment bank UBS has identified Hong Kong as one of the world’s riskiest places to buy a home, while sizing up Singapore as a market ready for an upswing.
In its 2017… Read More>>
Once known for its decaying workshops, the Wong Chuk Hang area in southern Hong Kong is gaining popularity as a commercial hub with developers rushing to turn its one-time factory space into hotels, offices and retail space.
The opening of… Read More>>
Hong Kong’s Sunlight REIT, which is managed by a unit of Henderson Land Development, has announced that it is buying a commercial building on Nathan Road in Mong Kok for HK$658 million ($84.3 million). Through the sale-and-leaseback deal, the REIT… Read More>>
Luxury residential agency List Sotheby’s International Realty has made its Hong Kong debut, as the Tokyo-based agency expands its global footprint. The Japanese affiliate of Sotheby’s International Realty – itself an offshoot of the well-known Sotheby’s Auction House – opens… Read More>>
The top floor of The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung Kong group, is poised to change hands for HK$738 million ($94.5 million), smashing the price per square foot record for a strata-titled… Read More>>
