Brexit may already being paying dividends for London – provided that the goal of the historic decision to leave the European Union was to make the UK’s capital look cheaper than New York and Hong Kong.
After sitting atop the… Read More>>
Mainland Billionaire Spends $580M to Add One Harbourgate to HK Portfolio
A Chinese property investor who spent HK$2.1 billion ($271 million) in June to acquire Hong Kong’s most expensive home has added to his portfolio in the city with the HK$4.5 billion ($580 million) purchase of the east tower in Wheelock… Read More>>
Mainland Developers Back Away From HK Amid Slump and More Asia Real Estate Headlines
China’s development giants are joining Hong Kong’s local heavyweights in staying away from land auctions in the SAR, CSCEC is moving forward with another US project, and mainland home buyers are favoring North America and Australia in the wake of… Read More>>
Emerging Fintech Industry Will Create Diverse Opportunities for Hong Kong’s Office Market Sponsored Feature
The potential growth of the fintech industry in Hong Kong will create office space demand from fintech companies, traditional finance institutions and fintech startups. The bulk of demand will be concentrated in the core and fringe CBD with portion of… Read More>>
Link REIT Announces 13% Revenue Rise Despite Retail Downturn
Despite Hong Kong’s biggest retail slump this century, the managers of Link REIT, a real estate investment trust that manages the city’s largest portfolio of shopping space reported a 13.2 percent increase in revenue for the most recent fiscal year,… Read More>>
Asia Now Home to 7 of World’s Top 10 Retail Destinations
Despite the region’s cooling economy, seven of the 10 cities with the most luxury retailers are found in Asia, according to a just-issued JLL report.
The Destination Retail 2016 report lists Shanghai, Beijing, Taipei, Singapore, Osaka and Tokyo among the… Read More>>
HK Housing “in Free Fall” and “Worse Than ‘97” Says Kyle Bass
Hong Kong’s real estate situation is worse now than it was before the 1997 Asian financial crisis and the city’s housing market is in “free fall” according to hedge fund manager Kyle Bass.
Bass, who made a reported $500 million… Read More>>
Daniel Shih Joins Colliers as Head of Research for Hong Kong
Colliers International continued to build up its information assets in the region this week as the property consultancy introduced Daniel Shih as its new director of research for Hong Kong.
Shih, who has a background in urban planning and financial… Read More>>
Fewer Mainlanders Means Less Traffic for Hong Kong’s Malls and More China Real Estate Headlines
Mainland tourists may not make themselves welcome everywhere they go, but Hong Kong’s malls seem to be missing the Renminbi-carrying shopping hordes in 2016. Plus, New World Group turns from art to kid stuff to pull in visitors for their… Read More>>
Link REIT Sells 7 Hong Kong Retail Properties for HK$1.96 Billion
Asia’s biggest real estate investment trust disposed of seven retail assets in Hong Kong this week for a total of HK$1.96 billion ($253 million).
The properties sold by Link REIT include community retail centres, and hybrid retail and car parks… Read More>>
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