Henderson Land Development’s Sunlight REIT is boosting its retail portfolio by picking up a three-storey shopping podium in Hong Kong’s West Kowloon area for HK$748 million ($95.8 million), with the listed trust picking up the asset at a nearly 12… Read More>>
Weave Living to Boost Portfolio by 40% with $175M Buy of Kowloon Hotel
Weave Living on Tuesday announced the formation of a $200 million joint venture with a global institutional investor to acquire the 435-room Rosedale Hotel in Kowloon for HK$1.37 billion ($175.4 million), signalling a dramatic leap in scale for the residential… Read More>>
Henderson Adds to West Kowloon Project and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Henderson Land has snapped up a piece of a West Kowloon tenement building for HK$24 million as the developer continues to assemble pieces for a one million square foot project.
Across the Kowloon… Read More>>
Industrial Sales Hit 18-Month Low in October and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city’s once robust industrial market has become the latest casualty of the property market downturn as the volume of warehouses and workshops traded in October sank to an 18-month low. Asset owners… Read More>>