In today’s roundup of regional news headlines, Singapore-listed Ascendas India Trust picks up a commercial tower in India’s Navi Mumbai, Burberry joins other high-fashion brands in exiting a prestigious Hong Kong shopping strip, and Chinese banks are under pressure from… Read More>>
Sasa Cashes in on Causeway Bay 65% Off Sale and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, local cosmetics retailer Sasa is ready to celebrate Christmas with shoppers in Causeway Bay by taking advantage of 65 percent discounts available on new leases on the world’s most expensive retail street. Meanwhile,… Read More>>
HK’s Causeway Bay Again Home to World’s Priciest Shopping Street
Russell Street in Hong Kong’s Causeway Bay outstripped Fifth Avenue in Manhattan to become the world most expensive retail street for the first time in five years, according to a survey of retail locations released this week.
Shops and mall… Read More>>
Kowloon Commercial Building Close to HK$2.5B Sale and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a commercial building in Jordan, one station north of Tsim Sha Tsui, is said to be close to be disposed of for HK$2.5 billion as investor interest in Kowloon commercial properties continues to… Read More>>
Shun Tak Centre Unit Sells for HK$83M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city’s floor flippers continue to look for profit from office assets as a 2,508 square foot unit in Shun Tak Centre has reportedly been sold for HK$82.8 million. Also in the headlines,… Read More>>
Causeway Bay Landlord May Evict La Perla After Lingerie Shop Skimps on $1.2M in Rent
Italian lingerie brand La Perla is poised to lose its flagship store in Hong Kong’s prime Causeway Bay shopping district, after allegedly defaulting on HK$9.21 million ($1.18 million) in rent.
After the high-end bra brand threw a star-studded party to… Read More>>
Shanghai is Asia’s Hottest Retail Location, But HK Still Costs 4x More
Two out of the region’s five hottest shopping districts are in Greater China, with the mainland set to be the centre of growth, according to a report released today by real estate consultancy Jones Lang LaSalle.
A decade ago many… Read More>>