Mainland financial giant China Everbright announced late on Thursday that it has agreed to purchase the Dah Sing Financial Centre in Hong Kong’s Wanchai district for HK$10 billion ($1.29 billion), as Chinese giants continue to buy up real estate assets… Read More>>
Hong Kong Tops Ranks of World’s Most Expensive Offices
Hong Kong home prices may be coming down, but the city still ranks tops for the world’s most expensive office space, according to a report released today by property consultancy JLL.
Renting prime space in Hong Kong now costs an… Read More>>
Hong Kong Breaks Record for Housing Misery
Hong Kong is famous for its status as a financial hub and for the industriousness of its people, but now the southern Chinese city has achieved a new distinction – for having the world’s least affordable housing.
According to a… Read More>>
Link REIT CEO Named Hong Kong Business Person of the Year
While the mainland dreams of a shift to a service economy, Hong Kong appears happy to focus on real estate as two of the top awards for business personalities in the Asian financial hub went to leaders of real estate… Read More>>
Wheelock Puts Second Tower in Kowloon Project on the Block for $516M
Only a few weeks after selling two buildings in its One Harbourgate complex in Kowloon for a record HK$5.86 billion ($755 million), Hong Kong developer Wheelock and Company is said to be putting the second office tower in the project… Read More>>
Mingtiandi to Lead Two Sessions at MIPIM Asia in Hong Kong Next Week
The MIPIM Asia Property Leaders Summit, one of the largest real estate trade shows in the region, returns to Hong Kong next week, and Mingtiandi will be there once again to both trade ideas with industry leaders on stage, and… Read More>>
Evergrande Buys HK Office Tower from Chinese Estates for $1.61B
China’s Evergrande Real Estate set a new record for acquisition of a Hong Kong office building last week by purchasing the Mass Mutual Tower in Wanchai from Joseph Lau’s Chinese Estates for HK$12.5 billion ($1.61 billion).
The sale of the… Read More>>
China Life Buys Kowloon Office Tower From Wheelock for $755M
Mainland insurer China Life Insurance set a new record for purchase of a commercial property in Hong Kong’s Kowloon area by purchasing two buildings currently under development at Wheelock and Company’s One Harbourgate complex for HK$5.86 billion ($755 million).
The… Read More>>
Taiwan’s Shin Kong in £140M London Deal and More China Real Estate Headlines 2015-11-12
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Taiwan’s Shin Kong Insurance in £140m London Acquisition
Taiwanese life insurance giant Shin Kong Life is to make its maiden acquisition… Read More>>
Mainland Developers Bought $4.2B in HK Sites and More China Real Estate Headlines 2015-11-04
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Mainland Developers Bought $4.2 Bil in HK Sites in Last Two Years
The rapid expansion of Chinese mainland developers who splashed… Read More>>