Wing Tai Properties Limited and China Vanke on Tuesday won a tender for a residential site in Hong Kong’s Sha Tin district with a bid of HK$786.4 million (US$100 million), exceeding analyst predictions despite the city’s biggest housing downturn in… Read More>>
China Resources Logistics Adds Fifth HK Industrial Asset in Two Years
A unit of China Resources Group has agreed to buy a pair of warehouses in Hong Kong from Kerry Properties for a total consideration of HK$4.62 billion ($588.6 million), with the deal bringing the mainland firm its fourth and fifth… Read More>>
CK Asset to Transform Industrial Site into $5B Residential Project
Hong Kong developers are rushing to meet growing demand for new homes amid a chronic supply shortage, with CK Asset Holdings applying to rezone a New Territories industrial site into a residential project that could supply up to 4,706 flats… Read More>>