Economic growth in Hong Kong, though modest, has exceeded expectations so far in 2016 driven by strength in domestic demand, with consumer spending, investment and imports all picking up, and… Read More>>
Google and NASA Team Up to Bring You 30 Years of Chinese Development in 30 Seconds
China’s development over the past 30 years has been one of the world’s biggest success stories, but has also been a series of changes that have been hard to appreciate if you haven’t live through it.
While there’s no time… Read More>>
WeWork Opens 2nd Hong Kong Location in Wanchai
WeWork has opened its second Hong Kong facility in the city’s Wanchai district – the fourth Asian centre opened by the US co-working unicorn in less than six months.
The new centre at 33 Lockhart Road occupies seven floors in… Read More>>
Carrie Lam Hypes Public Sector Role in Success of HK’s Kowloon East
More than $2.2 billion in commercial properties have changed hands in Hong Kong’s Kowloon East in the past year, and the city’s penultimate leader was quick to point out the government’s role in creating favourable conditions for this real estate… Read More>>
HK Housing Restrictions Said No Match for Mainland Investor Demand
Those hoping the Hong Kong government’s latest attempts to cool home prices in the world’s most expensive housing market had better not hold their breath. While there may be a decline in transactions during the remainder of the year, the… Read More>>
HK Land Wars Rage as Sogo Operator Pays Record $952M for Kai Tak Site
While Hong Kong’s Lifestyle International is best known for putting on sales at its Sogo department stores, the publicly listed company has been doing a bit of shopping of its own in the city’s red-hot real estate market.
The department… Read More>>
What Stamp Duty? Pair of HK Apartments Sell for $117M Two Days After Restriction Debuts
After just three days, it’s safe to say Hong Kong’s new home price stamp duty hasn’t quite worked as government officials would have hoped. The curbing measures, which took effect on Sunday, slapped a levy of 15 percent on residential… Read More>>
CBRE Hong Kong Appoints Stanley Wong To Lead Restructured Capital Markets Team
CBRE Hong Kong has decided to merge its Institutional Investment Properties Team into its Capital Markets team with Stanley Wong taking charge of the restructured department as Executive Director, according to an internal memo seen by Mingtiandi.
In his new… Read More>>
Evergrande Seeking $34B Backdoor Listing and More Asia Real Estate Headlines
Wednesday is here and today’s headlines are all about the money. More details have emerged about Evergrande’s $33.9 billion backdoor listing on the Shenzhen Stock Exchange while China Cinda has become the largest shareholder in Modern Land, a mainland developer… Read More>>
HNA Group Lifts Hong Kong Land Prices with $1.13B Kai Tak Deal
HNA Group, the operator of more than a dozen airlines including Hainan Airlines, has reached rarefied air once again after spending HK$8.8 billion ($1.13 billion) for a site near Hong Kong’s old international airport. Reuters reported that the site was… Read More>>
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