Just over one week after its airline division cut 6,000 workers, the property development business of Hong Kong’s Swire Group says it is in talks to dispose of an office building on Hong Kong island.
Swire Properties announced to the… 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>>
Goldman Sachs Predicts Property Rebound and More China Real Estate Headlines 2016-02-25
The world’s best known investment bank is giving a big thumbs up to the mainland’s prospects for a property recovery, but down in Hong Kong developers are predicting tough times as luxury rental rates are now following home prices downward…. Read More>>