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Hongkong Land Chater House

Tenants Flee Hong Kong’s Central District as Office Vacancy Hits 5.6%

2020/08/13 by Mingtiandi Team Leave a Comment

Hong Kong’s Central district is witnessing a sharp drop in leasing demand, as corporate occupiers and major retail chains shy away from the cost of operating in the world’s most expensive commercial district.

Office leasing rates fell by 2.4 percent… Read More>>

kent yang SLP

Asia Real Estate People in the News 2020-08-03

2020/08/03 by Michael Cole Leave a Comment

Once the preserve of those not stylish enough for retail or slick enough for office, industrial real estate specialists lead Mingtiandi’s round-up of people moves this week as a GLP veteran teams up with a Li & Fung director to… Read More>>

john witt hongkong land

HongKong Land Profit Drops 24% as Retail Properties Suffer

2020/07/31 by Skye Li 1 Comment

Hongkong Land, the biggest landlord in Hong Kong’s Central district, saw its underlying profit drop 24 percent in the first half of this year as retail rent relief, lower shop turnover and slower residential completions dented revenue.

In announcing its… Read More>>

hong kong housing

New HK Housing Rules Fuel Suspect Deals and More Asia Real Estate Headlines

2020/05/21 by James Hatton Leave a Comment

Dubious sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today with some strange trends in Hong Kong home sale prices leading some analysts to suspect fraudulent transactions being recorded to take advantage of new housing policies… Read More>>

masa son softbank

Softbank Expects $6.6B Loss on WeWork and More Asia Real Estate Headlines

2020/04/30 by Michael Cole Leave a Comment

Masayoshi Son’s Softbank leads Mingtiandi’s collection of real estate stories today as the Japanese tech investment firm announces that it expects to record a $6.6 billion loss on its gamble on ill-fated co-working provider WeWork.

Also in the headlines, the… Read More>>

Ben Keswick Hongkong Land

Hongkong Land Posts 4% Rise in Profit, Warns of Virus Hit for 2020

2020/03/07 by James Hatton 1 Comment

Hongkong Land, the biggest landlord in Hong Kong’s Central district, saw its underlying profit rise to a record $1.1 billion last year, but warned this month that the coronavirus outbreak would hit the firm’s business in 2020.

The division of… Read More>>

Ben Keswick Hongkong Land

Hongkong Land Pays Record RMB 31B for Site in Shanghai’s Xuhui District

2020/02/21 by Michael Cole 1 Comment

In the midst of one China’s most acute economic setbacks in the last two decades, the biggest landlord in Hong Kong’s Central district has agreed to pay a record RMB 31.05 billion ($4.48 billion) for a development site in Shanghai’s… Read More>>

Pacific Place Hong Kong

CLSA Renews Pacific Place Lease Despite Report of Conflict and More Asia Real Estate News

2019/09/19 by Michael Cole Leave a Comment

Tales of Hong Kong turmoil lead Mingtiandi’s collection of real estate news today as Hong Kong brokerage has renewed its lease at a Swire property in the city despite reports of pressure from its mainland parent to steer clear of… Read More>>

Ben Keswick Hongkong Land

Hongkong Land Posts Half-Year Underlying Profit of $466M

2019/08/04 by James Hatton Leave a Comment

Hongkong Land, known as the biggest landlord in Hong Kong’s Central district, has posted half-year underlying profits of $466 million, a two percent increase on the same period last year, according to a stock exchange announcement.

“The solid performance from… Read More>>

Asia Real Estate People in the News 2019-07-29

2019/07/29 by James Hatton Leave a Comment

In this week’s edition of People in the News, the chief executive officer of the Indian arm of Emaar Properties hands in his resignation after thirteen months, citing personal reasons.

In other fresh moves around the region, a fund manager… Read More>>

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