Four years of owning a floor in The Center, an office tower on Hong Kong’s Queen’s Road, has cost local investment firm Gale Well Group HK$343 million ($43.7 million), as commercial property values in the Asian financial hub remain in… Read More>>
Hong Kong Tycoon Drops Price for Beachfront Complex by 25% as Fire Sale Heats Up
Hong Kong’s Gale Well Group has slashed the price for a beach villa complex in the city’s Southern District by 25 percent over the past four months, as the financially-troubled property investment firm seeks to accelerate asset disposals.
The owner… Read More>>