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Andrew Moore Pamfleet

Pamfleet Reaches $450M Final Close on Third HK-SG Value-Add Fund

2019/07/22 by Michael Cole Leave a Comment

Hong Kong-based real estate private equity firm Pamfleet has reached a $450 million final close on Pamfleet Real Estate Fund III, Mingtiandi has come to understand.

The investment vehicle is the company’s third pooled investment vehicle targeting value-add projects in… Read More>>

ctii table 4

Over 70% of Hong Kongers Say Now is a Bad Time to Buy a Home: Citi Survey

2019/07/21 by Jan Kot Leave a Comment

Citi Group’s latest survey on home ownership in Hong Kong shows that over 70 percent of residents feel that it is a bad or terrible time to purchase a home in the world’s least affordable metropolis.

In a survey conducted… Read More>>

Payson Cha Hanison

Hanison Selling Apartment Tower in Hong Kong’s Sai Ying Pun for HK$420M

2019/07/18 by Jan Kot Leave a Comment

Tycoon Payson Cha’s Hanison Construction Holdings has agreed to sell a serviced apartment building in the western district of Hong Kong island for HK$420 million ($53.7 million), earning a 66 percent mark-up on a property which it purchased less than… Read More>>

adrian cheng

New World’s K11 Atelier King’s Road Project Now Half-Leased in Eastern Hong Kong

2019/07/15 by Michael Cole Leave a Comment

New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off formal leasing activity for K11 Atelier King’s Road, according to an announcement by the company late last week.

The 22-storey office… Read More>>

andre fu afso

Hong Kong Hotel Designer Andre Fu Buys Floor in Central for HK$82M

2019/07/01 by Tianyuan Zhang Leave a Comment

Hong Kong hotel designer and Macau casino heir Andre Fu, has purchased a floor in a commercial building in Hong Kong’s Central district for HK$82.01 million ($10.5 million), according to a report in the Hong Kong Economic Times.

Andre Fu,… Read More>>

tang-yong China Resources

China Resources Land, Poly Developments Win Kai Tak Site for HK$12.9B

2019/06/27 by Jan Kot Leave a Comment

Hong Kong’s Lands Department announced on Wednesday that a joint venture between China Resources Land and Poly Developments won a tender for the second-biggest parcel of land on the runway of Hong Kong’s former Kai Tak airport for HK$12.9 billion… Read More>>

largos residences

Weave Co-Living Said Acquiring HK Serviced Apartments for HK$585M

2019/06/25 by Tianyuan Zhang Leave a Comment

Weave co-living is in the process of acquiring a serviced apartment complex at 123 Queen’s Road West in Hong Kong, according to market sources.

The Hong Kong-headquartered firm is said to be paying approximately HK$585 million to purchase the 23-storey… Read More>>

Mount Nicholson

Pair of Houses on Hong Kong’s Jardine’s Lookout Sell for HK$1.1B

2019/06/25 by Tianyuan Zhang Leave a Comment

A pair of luxury homes at the Mount Nicholson project on Hong Kong’s Jardine’s Lookout have sold for a combined HK$1.1 billion, according to records posted on the development’s website, as buyers look for value prices on high end homes… Read More>>

Gavin Morgan JLL

Gavin Morgan Named Hong Kong MD for JLL as Tsang Moves to Chairman Role

2019/06/20 by Michael Cole Leave a Comment

Property consultancy JLL has rejigged its senior leadership in Hong Kong, according to an announcement by the company today, as it expands Gavin Morgan’s role in the world’s most expensive real estate market.

Morgan, who has spent most of his… Read More>>

8 Deep Water Bay Drive

Buyer Walks Away From HK$251M Luxury Home as Hong Kong Uncertainty Grows

2019/06/20 by Jan Kot Leave a Comment

Less than 10 days after agreeing to purchase a luxury home in southern Hong Kong island for HK$251 million ($32 million), an unnamed buyer has walked away from the deal, forfeiting a HK$12.56 million deposit, according to Hong Kong public… Read More>>

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