The Continuing Growth of the GBA
The Greater Bay Area (GBA) is the Chinese government’s scheme to connect Hong Kong, Macao, Guangzhou, Shenzhen and five other cities in South China. An overarching goal of linking up these cities is to… Read More>>
Asia real estate and outbound investment news
The Continuing Growth of the GBA
The Greater Bay Area (GBA) is the Chinese government’s scheme to connect Hong Kong, Macao, Guangzhou, Shenzhen and five other cities in South China. An overarching goal of linking up these cities is to… Read More>>
Hong Kong’s SEA Holdings this week acquired its second luxury residential site in four months, and is on the way to building a HK$900 million ($114.6 million) housing project targeting wealthy mainland tenants in the city’s Jardine’s Lookout neighbourhood.
Having… Read More>>
Japan’s Nomura Securities is surrendering an entire floor in Hong Kong’s second-tallest office tower, having terminated its lease for the 26th floor at Two International Finance Centre last month, according to local media accounts.
After handing back the 23,076 square… Read More>>
Hong Kong’s Kailong Group is making preparations for a life sciences project on a Kowloon site acquired more than two years ago, with the real estate fund manager announcing a partnership with EC Healthcare to develop a medical building anchored… Read More>>
Swire Properties has notched what is reportedly Hong Kong island’s biggest office lease since the dawn of the pandemic, with the local unit of China CITIC Bank agreeing to take up around 15 percent of the developer’s Two Taikoo Place… Read More>>
HSBC Asset Management has appointed its chief investment officer for Turkey as the new head of its multi-asset business unit for all of Asia, according to an announcement this week.
Yigit Onat’s appointment will take effect on 20 June, subject… Read More>>
Hong Kong’s Link REIT posted revenue growth of 8 percent year-on-year to HK$11.6 billion ($1.5 billion) for the 12 months ended in March, with Asia’s largest listed trust boosting payouts despite reporting a loss for the second straight year.
The… Read More>>
Wheelock Properties has acquired its second site on Hong Kong Island in two months, having won full ownership of three ageing buildings in the city’s Central district through a compulsory sale, according to sources familiar with the deal.
The acquisition… Read More>>
Hong Kong’s New World Development is moving closer to adding a HK$14 billion ($1.7 billion) commercial project to the city’s busiest shopping district, having reportedly applied for a compulsory sale of three adjacent properties in Causeway Bay this month, according… Read More>>
Hong Kong’s office leasing market stabilised in April with rental and vacancies flat as authorities relaxed restrictions as a surge in coronavirus cases eased, according to JLL.
In the consultancy’s latest Hong Kong Property Market Monitor, net absorption – a… Read More>>