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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>>

Albert Yeung Emperor International

Blackstone Buys Kowloon East Building From Emperor Group for $65M

2021/04/22 by Christopher Caillavet Leave a Comment

A busy deal-making period in Asia continued for Blackstone this week, as the US private equity giant became the latest investment group to acquire a building in Hong Kong’s redevelopment hotbed of Kowloon East.

Emperor International Holdings, the property division… Read More>>

kristoffer harvey goodman

Goodman Buys Half of Kowloon East Industrial Building for HK$570M

2021/02/04 by Christopher Caillavet Leave a Comment

CBRE this week announced the sale of the lower half of an industrial building in an up-and-coming Hong Kong district which is rapidly transforming from workshops to prime office projects.

Industrial developer Goodman confirmed to Mingtiandi today that it is… Read More>>

two harbour square Hong Kong

Tenants Continue to Flee HK’s Central as Govt Agency Shifts to Kowloon East

2020/09/08 by Elizabeth Kerr Leave a Comment

The migration away from the world’s priciest office location continues with one of Hong Kong’s biggest office deals so far in 2020 taking a major tenant away from its current home in the city’s Central district.

The Hong Kong Mortgage… Read More>>

VIctor Li Ck Asset

CK Asset Pays HK$4.95B for HK’s First Public–Private Residential Project

2020/05/20 by Stephanie Li Leave a Comment

A property conglomerate chaired by the son of Hong Kong’s richest man, Li Ka-shing, has won a tender to develop the city’s first residential project combining private and government-subsidised homes.

The city’s Lands Department announced yesterday that it had awarded… Read More>>

Adrian Cheng New World

New World Puts Kowloon East Commercial Building on Market for HK$3B

2020/04/30 by James Hatton Leave a Comment

New World Development has listed for sale a Hong Kong commercial property at an asking price of HK$3 billion ($390 million), as the company looks to offload non-core assets, according to a person familiar with the matter who spoke to… Read More>>

110 Jervois Street

Sheung Wan Building Sells for HK$98M and More Hong Kong Real Estate Headlines

2020/04/06 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, a three-metre-wide building in Sheung Wan was sold for HK$98 million — a multiple of 41 times what the seller paid to acquire the property west of Central when Saturday Night Fever was… Read More>>

legend tower Kwun Tong

Boss of iPhone Screen Maker Buys in Kowloon East and More Hong Kong Headlines

2020/04/02 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, an office unit Kwun Tong has changed hands for around HK$11,200 per square foot as investors continue to seek cost-effective deals amid the city’s economic downturn. Also in the headlines, a “haunted” flat… Read More>>

Vincent Lo Shui On

Shui On’s SOCAM Ready to Flip Kowloon East Ginza Building for HK$386M

2019/06/24 by James Hatton Leave a Comment

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>>

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