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Hines Opens Tsim Sha Tsui Project as First Hong Kong Rental Residential Venture

2023/03/19 by Beatrice Laforga Leave a Comment

Hines on Friday announced the official opening of its first-ever rental apartment complex in Hong Kong as the US developer continues to expand its bets on multi-family residential in Asia Pacific.

Dash on Prat, an 18-storey co-living facility in the… Read More>>

Kevin Lam of Cushman & Wakefield

Hong Kong’s Tsim Sha Tsui Named World’s 2nd Most Expensive Shopping Spot

2022/11/24 by Mingtiandi Team Leave a Comment

Hong Kong has not only lost its crown for having the most expensive retail district globally, the Chinese territory’s top-end shopping has also migrated to unfashionable Kowloon.

The latest Cushman & Wakefield survey of main streets shows Manhattan’s Upper Fifth… Read More>>

oakwood singapore

Singapore’s Oakwood Studios Up for Sale at $120M and More Asia Real Estate Headlines

2022/09/07 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a serviced apartment complex in Singapore’s Orchard Road area goes up for sale as the public tenders of several city-state sites close without a deal, and China’s biggest banks reel from overdue loans… Read More>>

Ada Wong EC Healthcare

Kailong Launches $117M Kowloon Life Sciences JV With EC Healthcare

2022/06/07 by Christopher Caillavet Leave a Comment

Hong Kong’s Kailong Group is making preparations for a life sciences project on a Kowloon site acquired more than two years ago, with the real estate fund manager announcing a partnership with EC Healthcare to develop a medical building anchored… Read More>>

Auction of Tsim Sha Tsui Asset Flops in Hong Kong’s Third-Ever Failed Compulsory Sale

2022/02/11 by Pawara Laothamatas Leave a Comment

Hong Kong recorded its third-ever unsuccessful compulsory sale just two weeks ago, with the auction for Tai Chi Court in the city’s Tsim Sha Tsui area seeing a buyer walk away from the chance to pick up the commercial property… Read More>>

Claire Cormier Thielke, Managin Director, Asia Pacific, Hines

Hines Fund Buys Butterfly Hotel in Hong Kong to Create Co-Living Complex

2021/11/25 by Christopher Caillavet Leave a Comment

US developer Hines has acquired Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, which the firm plans to convert into a co-living flagship to be managed by local residential operator Dash Living.

The 18-storey asset… Read More>>

butterfly on prat

Hotel in Hong Kong’s Tsim Sha Tsui Said Sold to US Fund for $123M

2021/08/11 by Christopher Caillavet Leave a Comment

Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, has reportedly changed hands for HK$980 million ($123 million) as the local tourism collapse compels smaller lodging operators to sell their assets to redevelopment-minded investors.

Multiple market… Read More>>

Paul MacAndrew IWG

Abandoned WeWork Kowloon Location to Open as New IWG Centre

2020/11/11 by Elizabeth Kerr Leave a Comment

Hong Kong’s prime business districts continue to welcome expansion by the world’s largest full-service flexible workspace provider, as IWG is set to scoop up more spoils from the near collapse of former co-working giant WeWork.

The Switzerland-based office operator will… Read More>>

cartier tst

Cartier Closes Hong Kong Boutique Amid Luxury Slump and More Asia Real Estate Headlines

2020/10/05 by Shiunne Bulsombut Leave a Comment

Hong Kong is back to work after last week’s holiday, but the city’s real estate market doesn’t seem to be able to catch a break with Tsim Sha Tsui losing  its Cartier shop as retail woes continue.

In a crisis… Read More>>

stan tang hong kong

Hong Kong’s Billionaire Shop King Sued for HK$12M in Back Rent

2020/08/18 by Elizabeth Utley Leave a Comment

Tang Shing-Bor, known in Hong Kong as the “Shop King” has hit a patch of legal trouble after failing to pay more than HK$12 million ($1.5 million) in rent, according to local news reports.

The owners of a building at… Read More>>

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