Asia real estate and outbound investment news
The kings of Causeway Bay at Hysan Development have defended their turf, besting five other bidders to secure a commercial site near the group’s collection of projects in Hong Kong’s premier retail district.
A joint venture of Hysan, controlled by… Read More>>
Alternative asset giant Blackstone leads today’s headline roundup with news of potential acquisitions in both Japan and India, as Mingtiandi helps you through the headlines.
In mainland China, the government’s ongoing clampdown on the housing industry continues to discourage developers,… Read More>>
Athletic apparel brand Nike has stepped in where Hong Kong’s own Esprit faltered, leasing a 7,000 square foot (650 square metre) shop in Causeway Bay’s Leighton Centre for a reported monthly rent of HK$1.5 million.
The swoosh logo will soon… Read More>>
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>>
Hong Kong’s Central has rents so high that even a $900 billion investment bank has decided to flee the city’s traditional business district. Goldman Sachs is said to be moving its back office staff to a new location three metro… Read More>>
Leading today’s headlines, New World Development has acquired over half of the ownership of a building on Hankow Road in Kowloon’s Tsim Sha Tsui commercial district for HK$700 million ($89 million) as the city’s major developers continue to snatch up… Read More>>
Leading today’s Hong Kong real estate news, the city’s financial chief said the government is mulling tax sweeteners to make housing a bit more affordable for renters. Also in the headlines, the Hong Kong Stock Exchange will be moving its… Read More>>
Leading today’s Hong Kong real estate news, last year’s bumper crop of land sales helped fuel a budget surplus of HK$138 billion ($17.6 billion) — and Hong Kong’s wealthy land owners will be reassured that this too will work in… Read More>>
Another US unicorn appears to be stumbling in the China market, as room-sharing giant Airbnb announces a sudden leadership shift in its mainland unit today. Elsewhere in the headlines, developer Hysan adds yoga spaces to its latest office projects and… Read More>>
The Mandarin Oriental Hotel group has begun to receive offers for the Excelsior Hotel in Hong Kong’s Causeway Bay, with at least five bids reportedly valuing the four-star waterfront property at HK$30 billion ($3.8 billion).
If the 848-room Excelsior is… Read More>>
