Hong Kong’s Cheung Sha Wan market may get a little hotter next month when a newly renovated office building is set to be auctioned off in the active West Kowloon area. The 23-storey PeakCastle tower will be offered by public… Read More>>
China’s HNA Touches Down in Kai Tak Again to Pick Up Fourth Site for HK$7.44 Bil
HNA Group has touched down at the site of Hong Kong’s former airport for the fourth time in as many months, buying its fourth plot of land in Kai Tak in as many months.
In this most recent run, the… Read More>>
Hong Kong’s Kai Tak Gears Up for 7,500 New Homes
Once known for hosting one of the world’s most crowded airports, Hong Kong’s Kai Tak area is now becoming one of the city’s busiest real estate markets, with the eight new sites set to auctioned off in the former Kowloon… Read More>>
Is Pamfleet Betting on a Retail Rebound with Reported HK$600M Kowloon Deal?
Hong Kong real estate investment manager Pamfleet has agreed to acquire a commercial building in Hong Kong’s Tsim Sha Tsui on behalf of its Pamfleet Fund II for a price approaching HK$600 million, according to sources familiar with the pending… Read More>>
Carrie Lam Hypes Public Sector Role in Success of HK’s Kowloon East
More than $2.2 billion in commercial properties have changed hands in Hong Kong’s Kowloon East in the past year, and the city’s penultimate leader was quick to point out the government’s role in creating favourable conditions for this real estate… Read More>>
Swire Sells Kowloon Project for $842 Mil as Hong Kong Market Rages
How hot is Hong Kong’s property market? So hot that even Swire Properties is selling major commercial projects.
The real estate wing of the 200-year-old Hong Kong conglomerate is known for its “buy and hold” approach to the market. On… Read More>>
Mainland Billionaire Spends $580M to Add One Harbourgate to HK Portfolio
A Chinese property investor who spent HK$2.1 billion ($271 million) in June to acquire Hong Kong’s most expensive home has added to his portfolio in the city with the HK$4.5 billion ($580 million) purchase of the east tower in Wheelock… Read More>>
Wheelock Puts Second Tower in Kowloon Project on the Block for $516M
Only a few weeks after selling two buildings in its One Harbourgate complex in Kowloon for a record HK$5.86 billion ($755 million), Hong Kong developer Wheelock and Company is said to be putting the second office tower in the project… Read More>>
China Life Buys Kowloon Office Tower From Wheelock for $755M
Mainland insurer China Life Insurance set a new record for purchase of a commercial property in Hong Kong’s Kowloon area by purchasing two buildings currently under development at Wheelock and Company’s One Harbourgate complex for HK$5.86 billion ($755 million).
The… Read More>>
Dutch Designers Team with Gaw Capital to Transform HK Warehouse
Hong Kong private equity shop Gaw Capital and Dutch design firm MVRDV have started transforming a Kowloon warehouse into an 18,000 square metre set of luxury loft offices in a developing business area of Hong Kong.
MVRDV’s conversion of the… Read More>>
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