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Investor Tries for $25M Profit in 7 Months on Floor in HK’s World-Wide House

2018/01/17 by Shawna Kwan Leave a Comment

A floor in Central’s World-Wide House, one block away from Hong Kong’s Exchange Square, is reported to be open to tender with an asking price of HK$800 million ($102 million). The seller bought the property in July of last year,… Read More>>

Far East Finance Centre

New Price Records Set in Hong Kong as Mainlanders Buy Up Office Space

2017/11/15 by Greg Isaacson Leave a Comment

A high floor of Hong Kong’s Far East Finance Centre in Admiralty has sold for HK$540 million ($69 million) to what is said to be a mainland buyer. The deal, which equates to a price per square foot of HK$50,000… Read More>>

Li Ka-shing

Top Floor of Li Ka-shing’s Tallest HK Building to Sell for $95M

2017/09/23 by Greg Isaacson Leave a Comment

The top floor of The Center office tower, the tallest building in the portfolio of Li Ka-shing’s Cheung Kong group, is poised to change hands for HK$738 ($94.5 million), smashing the price per square foot record for a strata-titled office… Read More>>

payson cha ming sou

HKRI Selling Sheung Wan Office Space for Record $96M

2017/09/06 by Greg Isaacson Leave a Comment

Developer Hong Kong Resorts International (HKRI) has sold the entire 22nd floor of China Merchants Tower in Hong Kong’s Shun Tak Centre for HK$750 million ($95.9 million). The transaction, which values the office space at nearly HK$31,000 ($3,962) per square… Read More>>

Zhang Xin of SOHO

SOHO China Changes to Leasing Space After 65% Profit Drop

2012/08/18 by Michael Cole Leave a Comment

After seeing the company’s profits drop by 65% in the most recent quarter, Beijing-based real estate developer SOHO China has announced that it plans to shift its approach from selling commercial real estate to individual investors to leasing out its… Read More>>

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