A land parcel on what was once the take-off point for Hong Kong’s international airport, and the first housing site to be made available on a former Kai Tak runway, failed to take flight with developers on Friday when only… Read More>>
Henderson Land and Friends Seek $6B in Financing for Kowloon Mega-Project
Hong Kong-listed real estate developer Henderson Land is leading a consortium of property firms in the city in an effort to raise about HK$46 billion ($6 billion) via bonds and loans, according to sources cited by Bloomberg. to push forward a… Read More>>
Chinachem Group Buys $1.63B Kowloon Condo Site in Hong Kong
Hong Kong-listed real estate developer Chinachem Group was announced on Monday as the winner of a public tender for a residential site in the Ho Man Tin area of Kowloon East estimated to be worth nearly HK$13 billion ($1.66 billion).
Henderson Land Wins HK$1.36B URA Project in Sham Shui Po
Hong Kong’s Urban Renewal Authority on Tuesday announced on its website that Henderson Land had won a tender for a mixed-use project in Kowloon’s Sham Shui Po area with a bid of HK$1.368 billion ($175 million).
The victorious bid by… Read More>>
SMBC, Dufry Sign New Leases in Kowloon’s Hung Hom Area as More Corporates Flee Central
While Hong Kong’s investment market has slowed down in the past two months, excitement over the opening of the Hong Kong-Zhuhai-Macau bridge is helping to give the city’s office rental market a boost, especially in the emerging Kowloon East commercial… Read More>>
Local Family Buys Kowloon East Industrial Building for HK$1.3B
Hong Kong’s developing business hub in Kowloon East notched its latest sale of an aging industrial building this week as a local family bought the 25-storey Levertech Center for HK$1.3 billion ($165.60 million).
The buyer of the 118,000 square foot… Read More>>
Hong Kong’s Lofter Group Bets HK$500M on Developing Grade A Offices in Kowloon
Hong Kong’s world leading office rents are leading to conversion of more of the city into places to park desks and monitors as well as to greater opportunities for fund investors to profit from turning aging industrial and residential space… Read More>>
Sino Land and CSI Properties Win MTR Kowloon Site For $484M
Sino Land and CSI Properties have won the tender to develop a residential site in Yau Tong at the southeastern end of Kowloon for an estimated HK$3.8 billion ($484 million).
The tender for the Hong Kong site was awarded to… Read More>>
Kowloon Commercial Building Close to HK$2.5B Sale and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a commercial building in Jordan, one station north of Tsim Sha Tsui, is said to be close to be disposed of for HK$2.5 billion as investor interest in Kowloon commercial properties continues to… Read More>>
Pamfleet Fund Puts Kowloon Mall on the Market With $128M Price Tag
A real estate investment fund managed by Andrew Moore’s Pamfleet is putting up for tender a retail center in Kowloon’s Lai Chi Kok with an asking price of HK$1 billion ($128 million). The tender follows the company’s $217 million sale… Read More>>
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