A scion of one of Hong Kong’s wealthiest families has acquired an 11-storey commercial building in Hong Kong’s core business district as local media accounts identify the buyer of 118-120 Queen’s Road Central as William Junior Guilherme Doo, a director… Read More>>
Gap Shuts Central Store as It Closes Up Shop in Hong Kong
US fast fashion retailer Gap is closing its doors in Hong Kong as it follows through on plans to shut its remaining stores in the world’s most expensive retail market by the end of November, according to Apple Daily.
The… Read More>>
Phoenix Property Investors Said Buying Queen’s Road Office Space For HK$442M
Hong Kong-based Phoenix Property Investors is reported to have invested HK$442 million ($56.5 million) to purchase commercial space in the lower floors of the V Heun Building in Central, according to an account in local newspaper Mingpao.
The latest reported… Read More>>
Regus Takes 2 Floors at Gaw’s Kwun Tong Project and More Hong Kong Real Estate Headlines
The continuing rise of flexible office providers leads Hong Kong’s real estate news again today as Regus is said to take up two floors in a former industrial building in the Kwun Tong area of Kowloon East. Also in the… Read More>>
Topshop Notches 50% Rent Cut as HK Gets Retail Reality Check
Fast fashion brand Topshop has halved the rent on its home on Queen’s Road in Hong Kong’s Central district, as rates for retail space in the city adjust to a new reality.
The UK-based retailer of youth-oriented apparel and accessories… Read More>>