Asia Pacific real estate investment news and information
Almost two years after agreeing to sell a Kowloon East office project to one of Hong Kong’s richest women, Swire Properties last week finally completed the 25-storey tower and closed the HK$6.5 billion deal.
The blue-chip developer announced to the… Read More>>
CK Asset Holdings is said to be planning the redevelopment of Hutchison House in Hong Kong’s Central district, an effort that could quadruple the 44-year-old office tower’s valuation to as much as HK$32 billion.
The property arm of the CK… Read More>>
The world’s priciest office market is driven by two types of demand — from cost-conscious multinationals, and from monied mainland firms, according to Neil Anderson, Head of Office Space at Hongkong Land, whose company owns Jardine House and the Exchange… Read More>>
Mainland state-owned conglomerate China Resources is said to have snapped up one of Hong Kong’s most prestigious home sites, and has set a land price record in the process.
The Shenzhen-based giant, which invests in businesses from retail to energy… Read More>>
Asia is rapidly catching up to the West in income per capita, consumer spending and a variety of other economic indicators, but the region still lags many western nations in one key metric of prosperity – space to store spare… Read More>>
HNA is reportedly seeking to borrow as much as HK$5 billion ($637 million) to refinance and begin construction on its sole remaining condo project in Hong Kong’s Kai Tak area, just two months after the mainland conglomerate sold the third… Read More>>
Mainland property developer Jiayuan International is venturing into Hong Kong’s residential market by buying a majority stake in three projects from Tang Shing-bor for a combined HK$2.62 billion ($334 million).
According to a statement to the Hong Kong stock exchange,… Read More>>
A retail unit of blue-chip developer Henderson Land is acquiring Japanese retailer FamilyMart Uny Holdings Co’s operations in Hong Kong for HK$300 million ($38 million), expanding Henderson’s department store business to Hong Kong Island and Kowloon.
The Henderson subsidiary, Urban… Read More>>
Kr Space, the co-working spinoff of Alibaba-backed technology platform 36Kr, has picked Hong Kong for its first centre outside of mainland China, leasing seven stories in the One Hennessy office building in Wan Chai while it looks to open other… Read More>>
Langham Hospitality Group, the luxury hotel arm of Hong Kong-listed Great Eagle Holdings, has named travel and hospitality veteran Stefan Leser as chief executive officer. Leser succeeds Robert Warman, who recently retired after serving as CEO since 2014.
Based in… Read More>>
