Movie stars finally make their way into Mingtiandi today as Taiwanese glamour gal Shu Qi gives a low-key celebrity endorsement to a Hong Kong project with her recent HK$127 million purchase of a home in the mid-levels tower. Meanwhile, Swire… Read More>>
Asia Real Estate People in the News 2018-07-09
A set of board level changes lead this week’s look at who’s changing places in Asia’s real estate world, as an Anbang executive appears to be exiting a role as some of the mainland’s leading corporates, and Korea’s biggest pension… Read More>>
Swire Properties Sells HK Office Towers to Mainland Tycoon for HK$15B
Swire Properties has agreed to sell a pair of office buildings in Hong Kong’s Quarry Bay area to a little-known mainland investor for HK$15 billion ($1.9 billion), according to an announcement by the company on Friday to the Hong Kong… Read More>>
Swire Closes on HK$6.5B Sale of Kowloon East Office Project to Pollyanna Chu
Almost two years after agreeing to sell a Kowloon East office project to one of Hong Kong’s richest women, Swire Properties last week finally completed the 25-storey tower and closed the HK$6.5 billion deal.
The blue-chip developer announced to the… Read More>>
Mainland Tenants Only Care About Being in the Right Building Says Hongkong Land
The world’s priciest office market is driven by two types of demand — from cost-conscious multinationals, and from monied mainland firms, according to Neil Anderson, Head of Office Space at Hongkong Land, whose company owns Jardine House and the Exchange… Read More>>
SG Co-Working Operator The Great Room Leases First HK Space in Swire’s One Taikoo Place
High-end Singaporean co-working provider The Great Room is venturing into Hong Kong for the first time by leasing a full floor in Swire Properties One Taikoo Place project in Quarry Bay, according to a revelation today by Swire’s head of… Read More>>
Strata Owners of the Center Hope for Instant Returns and More Hong Kong Real Estate Headlines
The new owners of the Center on Hong Kong’s Queen’s Road are wasting no time in looking for a return on the investment, and their hopes for instant profits of up to 66 percent lead today’s real estate news in… Read More>>
Hsin Chong Defaults on $300M in Bonds and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, listed builder Hsin Chong Group announced it won’t pay its $300 million senior notes that were due on Friday, becoming the second Asian company after Noble Group to default on US dollar bonds… Read More>>
Swire in Talks to Sell Twin Office Towers at Hong Kong’s Taikoo Shing
Hong Kong-based developer Swire Properties is in talks to sell its stakes in Cityplaza Three and Cityplaza Four, a pair of grade A office towers in the city’s Quarry Bay area, the company announced on Thursday. Swire did not specify… Read More>>
Hugo Lam Puts Causeway Bay Tower on the Market and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, property flipping aficionado Hugo Lam has decided that 2018 is prime time to start marketing a ginza-style building in Causeway Bay for HK$1.3 billion, less than a year after purchasing it for HK$965… Read More>>
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