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far east finance centre

Admiralty Office Sells for HK$59K Per Sqft as Strata Deals Invade HK Grade A Market

2018/07/04 by Benjamin Cole Leave a Comment

The practice of divvying up office space for sale into floors or even units – the “strata sales” market – is well-established in Hong Kong, with prominent property brokerages having teams devoted to the practice.

But until recently, strata sales… Read More>>

Son of Chong Hing Bank Director Makes 30% Profit in 3 Months Thanks to HNA Fire Sale

2018/07/02 by Greg Isaacson Leave a Comment

Hong Kong investor Jeffrey Liu Wai-lun has sold an office unit in Admiralty for HK$52.01 million ($6.63 million) – 30 percent more than the price he paid to snap up the strata-titled asset from struggling Chinese conglomerate HNA Group just… Read More>>

Teri Tsang

Benoy Names New Director for Hong Kong Studio

2018/06/21 by Michael Cole Leave a Comment

Global design firm Benoy has promoted Teri Tsang, an eleven-year veteran of their team, to Director in their Hong Kong studio. The new role comes after Tsang led design teams for some of the company’s biggest projects in Hong Kong,… Read More>>

Merlin Swire

Swire Properties Sells HK Office Towers to Mainland Tycoon for HK$15B

2018/06/18 by Shawna Kwan 1 Comment

Swire Properties has agreed to sell a pair of office buildings in Hong Kong’s Quarry Bay area to a little-known mainland investor for HK$15 billion ($1.9 billion), according to an announcement by the company on Friday to the Hong Kong… Read More>>

InfraRed NF Adds Former Phoenix, Ping An Directors to Shanghai Team

2018/06/18 by Greg Isaacson Leave a Comment

Hong Kong-based real estate investment manager InfraRed NF has brought on board a pair of new investment directors to strengthen its team in Shanghai as the private equity real estate investment firm expands its operations in mainland China.

Ivan Fang… Read More>>

Wendy Lau Knight Frank

Knight Frank Hires Wendy Lau to Boost Hong Kong Office Services Team

2018/06/18 by Greg Isaacson Leave a Comment

Knight Frank has brought Wendy Lau over from rival property brokerage Colliers International to take the role of senior director for office services in the Hong Kong market. In her new job at the London-headquartered firm, Lau will focus on… Read More>>

Cheung Chung Kiu CC Land

CC Land, CSI, Asia Standard Said to Buy Nan Fung’s Octa Tower for HK$8B

2018/06/14 by Shawna Kwan Leave a Comment

The chairman of mainland developer CC Land has reportedly teamed up with Hong Kong’s CSI Properties and Asia Standard International Group (ASI) to purchase Nan Fung’s Octa Tower in Kowloon Bay for HK$8 billion ($1 billion).

The mainland-Hong Kong consortium’s… Read More>>

Ivan Ho KaiLong

Kailong to Convert Eight HK Properties into Chain of Boutique Offices

2018/06/13 by Shawna Kwan Leave a Comment

Warburg Pincus-backed Kailong has purchased eight properties in Hong Kong over the last year, and now the real estate fund manager is taking a few pages from WeWork’s success story as it plans to redevelop this HK$3.7 billion ($471 million)… Read More>>

Edmund Cheng Mapletree

Mapletree Said to Put HK$9B Kowloon East Office Tower on the Market

2018/06/13 by Shawna Kwan Leave a Comment

Singapore private equity firm Mapletree Investments is said to be putting a HK$9 billion ($1.15 billion) office tower in Kowloon East on the market as Hong Kong’s world-leading office rents continue to provide profit opportunities for institutional investors.

The Temasek… Read More>>

Guo Zi Wen Aoyuan

Aoyuan Buys Kwai Chung Industrial Building From Laws Group for $121M

2018/06/12 by Shawna Kwan Leave a Comment

Guangzhou-based China Aoyuan Property Group is expanding its portfolio in Hong Kong by snapping up an industrial building in the New Territories logistics hub of Kwai Chung for HK$950 million ($121 million).

The mid-sized mainland developer is buying the 12-storey… Read More>>

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