Two units on a high floor of Hong Kong’s Two ifc skyscraper have been leased out for HK$200 ($25.63) per square foot per month, setting a post-2008 record high for the world’s most expensive office leasing market.
The units covering… Read More>>
Asia real estate and outbound investment news
Two units on a high floor of Hong Kong’s Two ifc skyscraper have been leased out for HK$200 ($25.63) per square foot per month, setting a post-2008 record high for the world’s most expensive office leasing market.
The units covering… Read More>>
Hong Kong’s Henderson Land Development is said to be fielding offers of up to HK$11 billion ($1.41 billion) for its new, 22-storey grade A office tower overlooking Victoria Harbour in North Point.
The top-five Hong Kong developer is understood to… Read More>>
Fast fashion brand Topshop has halved the rent on its home on Queen’s Road in Hong Kong’s Central district, as rates for retail space in the city adjust to a new reality.
The UK-based retailer of youth-oriented apparel and accessories… Read More>>
Hong Kong’s richest man just sold the city’s most expensive building for HK$40.2 billion ($5.15 billion), according to an announcement today by Li Ka-shing’s CK Asset Holdings to the Hong Kong stock exchange.
CK Asset, which was formerly known as… Read More>>
Hong Kong development giant Sun Hung Kai has bought a hotel site in Cheung Sha Wan for HK$5.06 billion ($648.8 million), blowing past market expectations for the waterfront parcel and setting a per square foot price record for the city’s… Read More>>
Hong Kong’s Victoria Harbour is about to be reshaped by a HK$12 billion redevelopment project, and a non-profit initiative jointly led by award-winning design firm Benoy is promoting discussion of how best to make use of the newest space where… Read More>>
The chairman of a Hong Kong-listed developer controlled by China’s largest privately owned investment group abruptly stepped down this week, on the same day that the executive’s former employer revealed that it had been raided by Hong Kong’s anti-graft body.
A pair of Hong Kong-listed developers, Wing Tai Properties and CSI Properties, has triumphed over eight other bidders to win the rights to redevelop a site in the city’s Central district, agreeing to pay a reported HK$11.6 billion ($1.49 billion)… Read More>>
Hong Kong’s hotel investment market continues to heat up, with the Rosedale hotel in Causeway Bay reportedly selling to a director of Hong Kong’s Shun Ho Property Investments for HK$1.65 billion ($211.4 million).
Jonathan Cheng (鄭啟俊), a director of Shun Ho… Read More>>
Mainland corporates continue to dominate office leasing activity in Hong Kong’s Central district as China’s Ping An Bank has recently agreed to pay nearly triple Manhattan office leasing rates for a high floor in Exchange Square.
The mainland financial institution… Read More>>