Asia real estate and outbound investment news
Henderson Land has secured full ownership of an ageing building in the heart of Hong Kong’s Tsim Sha Tsui district, as the developer continues to build out its presence in Kowloon.
Two months after winning approval from Hong Kong’s Lands… Read More>>
Hong Kong’s Sino Land continues to snap up Kowloon residential sites at bargain prices, with the local builder and partners China Merchants Land and Great Eagle Holdings winning a tender this week for a project in the Kai Tak area… Read More>>
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>>
Sun Hung Kai Properties plans to debut the flagship property under its Townplace rental residential brand in the second half of 2023, with the blue-chip builder touting the West Kowloon project as Hong Kong’s first large-scale “aparthotel”.
Located at 10… Read More>>
The family of Hong Kong’s late “Shop King” Tang Shing-bor has sold a serviced apartment building in Kowloon for HK$88 million ($11.22 million), according to market sources, as the group continues to liquidate assets at steep discounts in the face… Read More>>
Building on its experience developing and managing the neighborhood shopping mall Fairview Park Town Centre in suburban Hong Kong, Fairland Holdings is bringing its commercial real estate expertise closer to the city centre with the conversion of a former office… Read More>>
British asset management giant Schroders has sold a 15-storey office tower in Hong Kong’s Mong Kok area for HK$350 million ($44.8 million), more than three years after the property went on sale for double the price, according to local news… Read More>>
Henderson Land Development’s Sunlight REIT is boosting its retail portfolio by picking up a three-storey shopping podium in Hong Kong’s West Kowloon area for HK$748 million ($95.8 million), with the listed trust picking up the asset at a nearly 12… Read More>>
Wang On Properties has announced its first hospitality investment, teaming with US private equity shop Angelo Gordon to purchase the Pentahotel Hong Kong from New World Development for HK$2 billion ($260 million).
The 695-room hotel in Kowloon contains 285,000 square… Read More>>
