Just over one week after its airline division cut 6,000 workers, the property development business of Hong Kong’s Swire Group says it is in talks to dispose of an office building on Hong Kong island.
Swire Properties announced to the… Read More>>
Asia real estate and outbound investment news
Just over one week after its airline division cut 6,000 workers, the property development business of Hong Kong’s Swire Group says it is in talks to dispose of an office building on Hong Kong island.
Swire Properties announced to the… Read More>>
Hong Kong’s troubled Grade A office market saw rents fall again in September, albeit at a slower pace, as vacancies continued to climb in most districts.
Rents contracted further across all major office submarkets in the financial hub, according to… Read More>>
With tenants continuing to hand back offices in Hong Kong’s traditional business district, a local tycoon has sold off a floor in the Center on Queen’s Road after marketing the commercial asset for two years, according to market sources.
David… Read More>>
India continues to make headlines this week as Brookfield strikes a deal to buy $2 billion in commercial assets from a Bengaluru-based developer, just days after Blackstone inked its own $1.6 billion deal.
Singapore’s Mapletree also unveiled its own mega-deal,… Read More>>
US presence in Hong Kong took another hit earlier this month when the American Chamber of Commerce in the city sold its offices in Central at a discount.
AmCham Hong Kong sold its 5,968 square foot (554 square metre)… Read More>>
Goldin Financial Holdings released a flurry of announcements late Friday, including the terms of a provisional agreement for a record-breaking sale of its Kowloon East headquarters, as the Hong Kong-listed firm faces end of the month court rulings that could… Read More>>
India’s biggest retail deal of the year may also generate one of the country’s largest legal cases as Amazon says it is taking action against it local partner after Future Group entered into a $3.4 billion agreement with Reliance Industries.
Hong Kong office rents dropped for a sixth consecutive quarter in the three months ending 30 September, falling by 4.7 percent from June with analysts predicting that the average cost of leasing desk space in the city will have dropped… Read More>>
While much of Hong Kong rushed to clear their desks before the 1 October holiday, Goldin Financial Holdings boss Pan Sutong was busier than most, as the cash-strapped mainland tycoon announced on 30 September that his company had sold its… Read More>>
The impending sale of a waterfront site on Central’s waterfront may be grabbing the attention of Hong Kong real estate watchers, but the government also this week announced plans for a second attempt at selling a luxury residential site on… Read More>>