Asia Pacific real estate investment news and information
Emperor International, the listed development subsidiary of Emperor Group, has consolidated a project in Hong Kong’s Western district with plans to build 62 new homes in the Sai Ying Pun neighbourhood.
On Wednesday, Emperor agreed to acquire the space it… Read More>>
A decade after buying Asia’s priciest condo, a mainland tycoon who defaulted on loan obligations linked to his purchase of a Quarry Bay office complex has sold the home on Hong Kong’s Peak for HK$512 million ($66 million), according to… Read More>>
Tenants in Hong Kong’s Grade A office market took up 7,200 square feet (669 square metres) more than they gave back in February, a marginal gain aided by a new letting at Swire Properties’ Pacific Place complex in Admiralty, according… Read More>>
With falling rents and a surge in new building completions taking a toll on Hong Kong office occupancy, consultants see opportunities for achieving five-year internal rates of return (IRR) of around 20 percent by converting unloved office buildings into multi-purpose… Read More>>
Swire Properties reported an attributable loss of HK$766 million ($98.5 million) for 2024, reversing a year-earlier profit of HK$2.6 billion, as the Hong Kong-based builder’s hometown office portfolio drove markdowns on investment properties for a second year in a row.
Hongkong Land said its attributable loss more than doubled to $1.39 billion in 2024, as falling rents and lower valuations continued to dog the developer’s hometown office portfolio based in prime Central district.
The Jardine Matheson-controlled developer’s full-year loss widened… Read More>>
Singapore’s Mapletree Investments has won a warehouse site near Hong Kong’s Kwai Chung Container Terminals at a price 57 percent below what a nearby site sold for in 2022, as declining port activity undermines logistics demand in the Asian commercial… Read More>>
Hongkong Land announced Tuesday that global law firm Holman Fenwick Willan has taken up two floors at one of the developer’s buildings in Central, as the premier office district shows signs of rebounding after a multi-year struggle.
London-based HFW relocated… Read More>>
With Hong Kong’s office market continuing to shrink due to falling demand from tenants, a TPG Angelo Gordon joint venture is marketing a pair of Kowloon East office floors for 32 percent below their 2018 acquisition price.
A tie-up between… Read More>>
Sun Hung Kai Properties has won a site near Hong Kong’s international airport at the lowest price in more than a decade, after the Hong Kong government conducted a second tender of the residential plot.
Hong Kong’s largest builder by… Read More>>
