A unit of Hong Kong-based property developer and investor Crystal Investment has acquired a pair of buildings in Kowloon for student housing use, as the growing influx of mainland Chinese students boosts demand for private accommodation in the Asian financial… Read More>>
Boss of iPhone Screen Maker Buys in Kowloon East and More Hong Kong Headlines
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>>
First Group Spends HK$1.4B Buying Sites for Kowloon Office Project
A Hong Kong developer has spent more than HK$1.4 billion ($180 million) this month to consolidate a Kowloon commercial project despite a slide in tenant demand that saw rents in the world’s priciest office market fall by the steepest rate… 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>>