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Denis Ma JLL

Omnichannel Retail is Coming to Hong Kong, But Don’t Expect Lower Rents Says JLL

2018/05/14 by Shawna Kwan Leave a Comment

The future of retail is about to be delivered to Hong Kong’s commercial developers, and it’s coming via the Internet, according to a report released today by property consultancy JLL.

The company’s report on the city’s shopping scene, “Reimagining Retail… Read More>>

Vivien Chen Nan Fung

Nan Fung Said Poised to Sell Kowloon Bay’s Octa Tower for HK$8B

2018/05/09 by Shawna Kwan Leave a Comment

Nan Fung Group is reportedly close to selling an office tower in Hong Kong’s Kowloon Bay area for HK$8 billion ($1 billion) to a mainland Chinese consortium. The deal, if closed, would be the second-largest real estate transaction in the… Read More>>

Sino Land and CSI Properties Win MTR Kowloon Site For $484M

2018/05/09 by Shawna Kwan Leave a Comment

Sino Land and CSI Properties have won the tender to develop a residential site in Yau Tong at the southeastern end of Kowloon for an estimated HK$3.8 billion ($484 million).

The tender for the Hong Kong site was awarded to… Read More>>

Henry Cheng New World

New World Development Wins $2.5B Skycity Project at Hong Kong Airport

2018/05/03 by Shawna Kwan Leave a Comment

New World Development has won the right to develop a HK$20 billion ($2.5 billion) commercial complex adjacent to the Hong Kong International Airport that will be almost five times the size of the city’s IFC Mall.

The city’s Airport Authority… Read More>>

The Center Queen's Road

DBS Moves to Kwun Tong as SG Bank Cashes in on Hong Kong’s Red Hot Office Market

2018/04/26 by Shawna Kwan Leave a Comment

Singapore’s biggest bank is following the lead of US competitors Citibank and Goldman Sachs in moving its team out of Hong Kong’s Central district as office rents continue to rise in the core business area. For the Singaporean bank, the… Read More>>

Esprit Causeway Bay

Esprit Bails on HK$2M Per Month Causeway Bay Flagship Store

2018/04/25 by Shawna Kwan Leave a Comment

Hong Kong-listed fashion brand Esprit Holdings will not renew the lease for its flagship store in Causeway Bay, according to local media reports.

The lease for the 7,000 square foot (650 square metre) store in Leighton Centre at 77 Leighton… Read More>>

Lewis Tung

HK$660M Sale of Floor in Admiralty Office Tower Breaks Hong Kong Price Record – Again

2018/04/24 by Shawna Kwan Leave a Comment

Less than two weeks after a floor in 9 Queen’s Road Central claimed the title as the city’s most expensive strata-titled property, a floor in Far East Finance Centre has reportedly broken that short-lived price record.

The 33rd floor of… Read More>>

Knight Frank Builds Overseas Project Marketing Team with Twin Hong Kong Hire

2018/04/24 by Greg Isaacson Leave a Comment

Global property consultancy Knight Frank is bringing a pair of cross-border sales specialists on board to market residential projects in the UK to buyers in Hong Kong. Mei Wong and Fiona Priest are joining the company’s Hong Kong office to… Read More>>

Edwin Leong

Hong Kong’s Shop King Consolidates Western Site with HK$810M Buy of Butterfly Hotel

2018/04/22 by Shawna Kwan Leave a Comment

Edwin Leong Siu-hung, chairman of property developer Tai Hung Fai Enterprise and one of Hong Kong’s wealthiest men, is consolidating a block of properties in Sai Ying Pun, two MTR stations west of Central after spending over HK$1.5 billion ($191… Read More>>

Lam Chi-fung

Hugo Lam Buys Kwun Tong Industrial Site for HK$1.6B With Plans for New Office Project

2018/04/21 by Shawna Kwan Leave a Comment

One of Hong Kong’s most aggressive real estate speculators is making good on a pledge of love for Kowloon East, as Hugo Lam Chi-fung has scooped up a Kwun Tong industrial site for HK$1.6 billion ($204 million).

This latest real… Read More>>

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