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>>
Nan Fung Makes Hong Kong’s Biggest Land Buy Ever With $3.2B Kai Tak Bid
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>>
KWG and Longfor Win Kai Tak Site With HK$7.3B Bid
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>>
New World Picks Up Kowloon Commercial Site for HK$4b
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>>
Hanison Puts Kowloon Office Tower on the Block for HK$1.72B as HK Market Heats Up
Hong Kong’s Cheung Sha Wan market may get a little hotter next month when a newly renovated office building is set to be auctioned off in the active West Kowloon area. The 23-storey PeakCastle tower will be offered by public… Read More>>
Champion REIT CEO Calls an End to Hong Kong’s Retail Slide
Champion REIT produced a 15.7% jump in distributions to its unit holders in 2016 and the Hong Kong-based real estate investment trust’s freshly minted CEO expects even bigger things this year.
While the REIT sponsored by Hong Kong developer Great… Read More>>
Phoenix’ Sale of Kowloon’s Kwun Tong View Confirmed at $225M
Hong Kong-base real estate investment house Phoenix Property Investors has sold Kwun Tong View for $225 million (HK$1.99 billion) to a local private investor, according to a recent announcement by Colliers International, which represented Phoenix in the asset disposal.
The… Read More>>
China Shipbuilding Sets Price Record in HK$259M West Kowloon Office Buy
Mainland conglomerate China Shipbuilding Industry Corporation (CSIC) set a new price record for Hong Kong’s West Kowloon area recently with its HK$259 million ($33.2 million) purchase of the two top floors of an office building, along with naming rights for… Read More>>
HNA Said Buying Kwun Tong View From Phoenix for HK$2 Bil
Maybe it’s the memories of jetliners buzzing the Kowloon shoreline, but China’s HNA seems to have a particular fondness for Hong Kong’s Kai Tak area. The mainland conglomerate is said to be finalising a deal to spend HK$2 billion ($257… Read More>>
Hong Kong Now a Top Destination for Mainland Real Estate Investment Sponsored Feature
With a record $5.32 billion of mainland investment into Hong Kong property last year, up from just $3.31 billion in 2015, mainland China investors are rapidly transforming the market for development sites and mature assets in the city.
Research by… Read More>>
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