Vincent Lo’s SOCAM Development Limited is ready to sell off a commercial building in Hong Kong at a nearly 12 percent mark-up over what it paid to acquire the Kowloon East asset just six months ago, according to an announcement… Read More>>
Working on a short week Hong Kong’s real estate investors and operators still managed to complete a number of high profile investment and leasing deals before the Easter holiday, including major transactions in the Kai Tak area. The largest deal… Read More>>
Hanison Construction Holdings has agreed to purchase an industrial building in Hong Kong’s Kowloon East area just five months after the city’s government said it would reboot a program to encourage redevelopment of workshops, warehouses and go-downs for new uses.
Private equity firm PAG has purchased Mapletree Bay Point, a prime office building in Hong Kong’s Kowloon East area which is home to both HSBC and WeWork, according to sources familiar with the transaction who spoke with Mingtiandi.
The acquisition… Read More>>
Hong Kong’s shared office market grew even more crowded this past week, with local co-working provider R One Space traveling to Kowloon East on Wednesday to open the company’s second site in the city. The new centre follows on the… Read More>>
Leading today’s Hong Kong real estate news, the city’s once robust industrial market has become the latest casualty of the property market downturn as the volume of warehouses and workshops traded in October sank to an 18-month low. Asset owners… Read More>>
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>>
WeWork is planning to triple its number of locations in Hong Kong to at least 18 within the next two years, Alan Ai, general manager of WeWork Greater China, said at the opening ceremony of the flexible office provider’s first… Read More>>
Singapore’s Mapletree Investments has reportedly received a HK$9 billion ($1.15 billion) offer from mainland China-based Zhongrong Holdings Group for its Mapletree Bay Point office building in Hong Kong’s Kowloon East area, according to market sources familiar with the negotiations who… Read More>>
The race to open new co-working centres in Hong Kong reached another milestone last week when IWG-owned Spaces debuted its second new venue in the city within the last month.
The 37,500 square foot (3,483 square metre) Spaces Wai Yip… Read More>>