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HNA Boss Launches Hong Kong Charm Offensive After Record Kai Tak Deals

2017/06/27 by Greg Isaacson Leave a Comment

HNA may have shattered price records when it scooped up a series of residential sites in Kai Tak in recent months, but the mainland conglomerate says it’s all part of an effort to tame the city’s skyrocketing housing costs.

The… Read More>>

Zhou Zheng Joy City

Joy City Scores 49% Return By Flipping Hong Kong Office Floor for $77M

2017/06/27 by Greg Isaacson Leave a Comment

Mainland investors may have a keen appetite for Hong Kong office property, but one company from north of the border is taking advantage of ever-loftier values by offloading a prized piece of real estate in the city’s Central district. Shopping… Read More>>

Hong Kong homes on sale

Is Hong Kong’s Housing Market Set for a Plunge?

2017/06/22 by Greg Isaacson Leave a Comment

In Hong Kong, even micro-apartments just big enough to fit a car cost many times what the typical household earns each year. But there are signs that the world’s most unaffordable housing market may be reaching its limits, as a… Read More>>

Lee Shau-kee

Henderson Buys Kowloon’s Hoi Hing Apartment Project for $217M

2017/06/15 by Greg Isaacson Leave a Comment

Henderson Land Development bought the remaining stake in a 53-year-old Kowloon apartment block that it did not already own for the reserve price of HK$1.698 billion ($216.6 million) this week, with plans to redevelop the decrepit building into a new… Read More>>

Link REIT

State-Owned Giants are Eating Hong Kong and More Asia Real Estate Headlines

2017/06/08 by Michael Cole Leave a Comment

Leading today’s headlines, Hong Kong wakes up to a new one country, one set of SOEs system, Asia’s biggest REIT pays out 8.7 percent to its unit-holders and Singapore gets ready to put two more public housing projects up for… Read More>>

Excelsior Hotel Hong Kong

Mandarin Oriental Could Make $3.4B From Excelsior Hotel Sale

2017/06/07 by Michael Cole Leave a Comment

Hong Kong’s Mandarin Oriental Hotel group began testing buyer interest in the Excelsior Hotel in the city’s Causeway Bay district for a sale that could bring the Jardines-owned luxury hotel brand as much as HK$27 billion ($3.4 billion).

The London… Read More>>

keith hemshall

Keith Hemshall Joins C&W as Head of Office Services for Hong Kong

2017/06/05 by Michael Cole Leave a Comment

Cushman & Wakefield has named Keith Hemshall as the international property consultancy’s Head of Office Services for Hong Kong, according to an announcement from the company. Now an Executive Director with the US-based major, Hemshall takes charge of daily operations… Read More>>

Antony Leung Nan Fung

Nan Fung Makes Hong Kong’s Biggest Land Buy Ever With $3.2B Kai Tak Bid

2017/06/01 by Greg Isaacson Leave a Comment

Hong Kong’s Nan Fung Development has outbid 11 rivals to win a commercial site near the former Kai Tak airport for the record-breaking price of HK$24.6 billion ($3.16 billion), according to a statement from the city government late yesterday.

Although… Read More>>

wu yajun

KWG and Longfor Win Kai Tak Site With HK$7.3B Bid

2017/05/17 by Michael Cole Leave a Comment

Developers KWG Property Holdings and Longfor Properties have become the latest mainland home builders to buy into Hong Kong’s Kai Tak area after a HK$7.3 billion ($938 million) joint bid by the two developers won a residential site in the… Read More>>

adrian cheng New World

New World Picks Up Kowloon Commercial Site for HK$4b

2017/05/11 by Michael Cole Leave a Comment

New World Development has purchased its second commercial site within three months in Hong Kong’s Cheung Sha Wan area, bringing its total land purchases in the Kowloon neighborhood to HK$11.8 billion ($1.5 billion) since mid-February.

The top Hong Kong developer… Read More>>

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