WeWork opened its doors in Hong Kong for the first time on Thursday as the US co-working startup continues its expansion into Asia. The company’s initial foothold in the Asian financial centre occupies nearly 100,000 square feet (9,290 square metres)… Read More>>
Hong Kong’s richest man could make the city’s biggest property sale, thanks to the support of mainland investors hungry for properties in the Asian financial hub.
The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung… Read More>>
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>>
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>>
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>>
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>>
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>>
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>>
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>>
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>>