Collapsing hotel bookings lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that hoteliers in Hong Kong could see their revenues halved, according to ratings agency S&P, as visitors stay away from the… Read More>>
Hanison Seals HK$741M Deal to Buy Hong Kong Tower From CapitaLand
Despite the impact on Hong Kong’s hotel industry after months of escalating social unrest, a select number of players are doing some bargain hunting in the Asian financial hub.
Among the most active purchasers this year has been Payson Cha’s… Read More>>
Hmlet to Launch Its Largest Hong Kong Co-living Location Next Month
Co-living specialist Hmlet is set to open its biggest location yet in Hong Kong next month, as the Singapore-based company continues to expand its presence in Asia Pacific.
The new location, which contains 57 rooms, is Hmlet’s fourth largest in… Read More>>
Warburg Pincus-Backed Weave Opens Second Property as Co-Living Catches On in Hong Kong
Warburg Pincus-backed Weave will throw open the doors to its second co-living space in Hong Kong next month as the two-year-old company races to keep ahead of a growing host of rivals aiming to provide millennial-friendly rental housing in the… Read More>>
Office Rents in Hong Kong’s Central Fall 3.2% in Q3 – Biggest Drop in 7 Years
Grade A office rents in Hong Kong’s traditional business district experienced their largest quarterly drop in seven years according to a newly released report, as a slowing mainland China economy and ongoing protests dampened demand in the world’s priciest commercial… Read More>>
Li Ka-shing to Donate HK$1B to Support Hong Kong Businesses and More Asia Real Estate Headlines
Protests may have brought Hong Kong to a near standstill on Saturday, but events continue to move quickly for the city’s largest property developers as Henderson Land, Sun Hung Kai and CK Asset boss emeritus Li Ka-shing all announced new… Read More>>
Kimberley Hotel in Hong Kong’s Tsim Sha Tsui Said to Receive HK$4.8B Offer
A four-star hotel in Hong Kong’s Tsim Sha Tsui district, which fell into receivership after its owner was tortured to death on the mainland has received an offer from an interested buyer, according to a report in the Hong Kong… Read More>>
Andy Cheung Resigns as COO of Hong Kong’s Link REIT
The chief operating officer of Link Asset Management has resigned after nearly ten years with the manager of Hong Kong’s Link REIT, according to a company announcement.
Andy Cheung Lee-ming’s departure from the Link REIT was revealed in an release… Read More>>
CBRE Said Fleeing Hong Kong’s Central for Pacific Place, Kowloon East
Property services firm CBRE is set to be the latest global corporation to flee Hong Kong’s Central district, as companies continue to question whether their businesses benefit from being in the world’s most expensive office location, according to a report… Read More>>
UBS Names Hong Kong as Asia’s Riskiest City for Buying a Home
As if the possibility of getting tear gassed during a late night search for noodles isn’t enough, Hong Kong residents are now being warned by a Swiss bank that they need to worry about the value of their homes collapsing.
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