A Hong Kong commercial building seized from China’s Cheung Kei Group in March has been put up for sale by the company’s creditors, adding to the list of distressed trophy assets being marketed in the city.
Savills is the sole… Read More>>
Asia real estate and outbound investment news
A Hong Kong commercial building seized from China’s Cheung Kei Group in March has been put up for sale by the company’s creditors, adding to the list of distressed trophy assets being marketed in the city.
Savills is the sole… Read More>>
China’s Cheung Kei Group is adding to the grand mainland investor fire sale in Hong Kong with market sources confirming that the group’s corporate headquarters in Kowloon is being repossessed by Hang Seng Bank, while two luxury residences belonging to… Read More>>
AEW Capital Management has agreed to purchase a Kowloon hotel from Chuang’s Consortium International Ltd for HK$1.65 billion ($210 million) as hospitality to rental residential conversions come into vogue amid Hong Kong’s extended travel slump.
The Boston-based fund manager has… Read More>>
Henderson Land Development has completed a more than decade-long consolidation of a site for a redevelopment project in Hong Kong’s Hung Hom area as it bought up the last pieces of an eight-storey building for HK$482 million ($62 million).
After… Read More>>
Henderson Land Development has moved a step closer to consolidating a site for a 1 million square foot mixed-use project in Kowloon’s Hung Hom area, thanks to a judicial ruling last week.
Hong Kong’s Lands Tribunal last week approved an… Read More>>
Henderson Land Development added to its pipeline of home town projects this week as it bought out the remaining space in a pair of aging buildings in Kowloon’s Hung Hom area.
The blue chip developer bought the properties, which constituted… Read More>>
While Hong Kong’s investment market has slowed down in the past two months, excitement over the opening of the Hong Kong-Zhuhai-Macau bridge is helping to give the city’s office rental market a boost, especially in the emerging Kowloon East commercial… Read More>>
A private investor who owns a portfolio of Link REIT shopping centres is reported to have sold three office floors in a Kowloon city residential and commercial complex for HK$1.16 billion ($148 million), according to local media accounts.
The third,… Read More>>