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TPG Angelo Gordon head of Asia real estate Wilson Leung

TPG Angelo Gordon JV Marketing Hong Kong Office Floors at 32% Below Acquisition Price

2025/02/24 by Iris Hong Leave a Comment

With Hong Kong’s office market continuing to shrink due to falling demand from tenants, a TPG Angelo Gordon joint venture is marketing a pair of Kowloon East office floors for 32 percent below their 2018 acquisition price.

A tie-up between… Read More>>

Biel Crystal founder Yeung Kin-man

Touchscreen Tycoon Acquires Kowloon Commercial Block at 62% Off 2014 Price

2024/09/24 by Kevin He Leave a Comment

Hong Kong billionaire Yeung Kin-man has acquired a Kowloon East commercial building formerly owned by the family of the late “Shop King” Tang Shing-bor, as the smartphone touchscreen tycoon continues to pick up discounted property assets amid the city’s property… Read More>>

133 Wai Yip Street

Gaw, HSBC-Invested Kowloon Office Building Up for Auction in September

2024/07/23 by Christopher Caillavet Leave a Comment

A Kowloon East office building invested by Hong Kong fund manager Gaw Capital Partners and HSBC Asset Management will go up for auction in September, according to auctioneer JLL.

Gaw had acquired 133 Wai Yip Street, then known as the… Read More>>

BIell Crystal's Yeung Kin Man

Smartphone Screen Giant Consolidates Prime Kowloon East Site

2023/04/16 by Mingtiandi Team Leave a Comment

Capping a more than nine-year process, Hong Kong-based Biel Crystal has acquired the last piece of a prime site in Kowloon East’s Kwun Tong area, paving the way for a 39-storey tower.

On 12 April the company took full ownership… Read More>>

BIell Crystal's Yeung Kin Man

Hong Kong Govt Slams SHKP as ‘Delusional’ for Attempt to Block Project

2022/10/13 by Pawara Laothamatas Leave a Comment

Hong Kong’s Lands Tribunal criticised a legal case launched by Sun Hung Kai Properties against a development plan by one of the city’s richest men, describing its move as “delusional” and “vandalism” of the proposed project.

The dispute stems from… Read More>>

George Hongchoy, Executive Director & Chief Executive Officer, Link Asset Management Limited

Link REIT Wins Kowloon East Commercial Site With $97M Bid

2022/09/01 by Christopher Caillavet Leave a Comment

If questions remained about Hong Kong-based Link REIT’s dedication to the hometown cause, they should be laid to rest after Asia’s largest listed trust bested four other bidders to clinch a Kowloon East commercial site for HK$766 million ($97.6 million).

… Read More>>

Hannah Jeong Colliers

Tender for $229M Commercial Site in Hong Kong’s Kwun Tong Closing Friday

2022/08/25 by Pawara Laothamatas Leave a Comment

A government tender for a commercial site in Hong Kong’s Kowloon East is set to close this Friday, giving developers an opportunity to win the rights to build a HK$1.8 billion ($229.4 million) retail project in Kwun Tong, spanning as… Read More>>

alkan au jll

Hong Kong’s URA Rejigs $5B Project in Kowloon

2022/08/03 by Pawara Laothamatas Leave a Comment

Hong Kong’s Urban Renewal Authority is preparing for a HK$46 billion ($5.8 billion) mixed-use project in Kowloon, having submitted an application to the Town Planning Board late last month revising a development plan for a site in Kwun Tong.

The… Read More>>

Stan Tang

Family of Late ‘Shop King’ Selling Kowloon Industrial Building for $94M

2022/02/22 by Pawara Laothamatas Leave a Comment

The family of Hong Kong’s late “Shop King” Tang Shing-bor is taking advantage of the city’s booming industrial market to raise cash, adding a 15th major asset to the clan’s series of disposals in the last seven months with the… Read More>>

Ma Ah-muk

Hong Kong’s Minibus King Sells Kwun Tong Industrial Building for 35% Off

2021/11/28 by Pawara Laothamatas Leave a Comment

Hong Kong’s local investors are taking advantage of the city’s accelerating industrial market, with “Minibus King” Ma Ah-muk recording an en-bloc disposal of a Kwun Tong industrial building this month for HK$390 million ($50 million), or HK$6,657 per square foot.

… Read More>>

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