Asia real estate and outbound investment news
Real estate investor Francis Law has completed the HK$880 million ($113 million) sale of a Kowloon retail podium to City University of Hong Kong, with the property changing hands at a 67 percent discount to its pre-pandemic guide price.
The… Read More>>
Fund manager Schroders is having another crack at selling a Hong Kong commercial floor after a planned auction last year failed to take place.
The third floor of the Harbourfront Landmark, a residential and commercial complex in Kowloon’s Hung Hom… Read More>>
Hong Kong Metropolitan University (HKMU) has agreed to buy a Kowloon office building that once served as the Hong Kong headquarters building of defaulted mainland property firm Cheung Kei Group, after the asset lost nearly two thirds of its value… Read More>>
China Mobile is reportedly in talks to acquire the former Hong Kong headquarters building of defaulted mainland property firm Cheung Kei Group, after the grade A office asset lost nearly two thirds of its value over the past two years.
Companies controlled by Hong Kong tycoon Lo Yuk-sui have acquired a tenement building in Kowloon’s Cheung Sha Wan area with plans to build 47,307 square feet (4,395 square metres) of new apartments in the redeveloping neighbourhood, despite a home sales… Read More>>
A hotel in Hong Kong’s Mong Kok area is being marketed as a student housing investment for private buyers as the city’s hospitality market flounders and higher-end rental housing players stay on the sidelines.
Hotel Ease – Mong Kok is… Read More>>
Hong Kong Metropolitan University (HKMU) has acquired a 255-key hotel in Kowloon’s Hung Hom area for use as student housing, as the educational institution seeks to expand its accommodation space amid an influx of mainland Chinese students in the city.
Hong Kong-based developer Wang On Properties is bringing on local conglomerate Chevalier International Holdings as a partner for a HK$1.9 billion ($243 million) residential joint venture in southeastern Kowloon’s Yau Tong area as it seeks to boost liquidity and reduce… Read More>>
A pair of ageing buildings in Hong Kong’s Tsim Sha Tsui area have been seized from the family of the city’s late “Shop King” Tang Shing-bor and are being offered for sale at less than half of what the clan… Read More>>
New World Development has secured final approval for a 28-storey commercial-led project in the heart of Kowloon’s Tsim Sha Tsui district, with the builder’s redevelopment application receiving the green light from the Hong Kong Town Planning Board’s Metro Planning Committee.
