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>>
Link REIT Sells Two HK Shopping Centres for HK$1.69B
Asia’s biggest real estate investment trust, Link REIT announced today that it had sold two Hong Kong’s shopping centres for a combined HK$1.69 billion ($218 million).
In a statement to the Hong Kong Stock Exchange, the management of the real… Read More>>
Wang Wants Wanda All for Himself Again and More China Real Estate Headlines
Just 15 months after the company notched Hong Kong’s biggest IPO of 2014, China’s richest man has decided that investors aren’t giving his commercial property developer enough respect, and hopes to take the mall maker private. Plus, Greenland hopes to… Read More>>
Everbright Buys Wanchai Tower for $1.29B as Mainlanders Gobble Up Hong Kong
Mainland financial giant China Everbright announced late on Thursday that it has agreed to purchase the Dah Sing Financial Centre in Hong Kong’s Wanchai district for HK$10 billion ($1.29 billion), as Chinese giants continue to buy up real estate assets… Read More>>
Hong Kong Tops Ranks of World’s Most Expensive Offices
Hong Kong home prices may be coming down, but the city still ranks tops for the world’s most expensive office space, according to a report released today by property consultancy JLL.
Renting prime space in Hong Kong now costs an… Read More>>
Hong Kong Breaks Record for Housing Misery
Hong Kong is famous for its status as a financial hub and for the industriousness of its people, but now the southern Chinese city has achieved a new distinction – for having the world’s least affordable housing.
According to a… Read More>>
Link REIT CEO Named Hong Kong Business Person of the Year
While the mainland dreams of a shift to a service economy, Hong Kong appears happy to focus on real estate as two of the top awards for business personalities in the Asian financial hub went to leaders of real estate… Read More>>
Wheelock Puts Second Tower in Kowloon Project on the Block for $516M
Only a few weeks after selling two buildings in its One Harbourgate complex in Kowloon for a record HK$5.86 billion ($755 million), Hong Kong developer Wheelock and Company is said to be putting the second office tower in the project… Read More>>
Mingtiandi to Lead Two Sessions at MIPIM Asia in Hong Kong Next Week
The MIPIM Asia Property Leaders Summit, one of the largest real estate trade shows in the region, returns to Hong Kong next week, and Mingtiandi will be there once again to both trade ideas with industry leaders on stage, and… Read More>>
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