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William Chan Rykadan Capital

Rykadan Capital Forces Compulsory Sale of HK$315M Wanchai Property

2018/10/23 by Emma Zhou Leave a Comment

Hong Kong-listed Rykadan Capital has taken a major step towards developing a 30-storey commercial tower in the city’s Wanchai district after buying up nearly 90 percent of an aging building on Jaffe Road two MTR stations east of Central.

The… Read More>>

Law Firm Flees Hong Kong’s The Center for Wanchai as Office Rents Keep Climbing

2018/09/18 by Emma Zhou Leave a Comment

Offshore incorporation specialists Maples and Calder, are giving up the 53rd floor of The Center on Hong Kong’s Queen’s Road, as yet another international company flees the world-leading rents of Hong Kong’s Central district.

The law firm’s new home will… Read More>>

Tang Shing Bor

HK’s Shop King Swaps Wan Chai Hotel for Sai Kung Site in HK$1.4B Deal

2018/09/14 by Emma Zhou Leave a Comment

Hong Kong billionaire Tang Shing-bor, known as the city’s “Shop King”, is trading an 80-room hotel in Wan Chai in exchange for a potential housing site in Sai Kung, a suburban area of the city, in a deal that involves… Read More>>

90 Repulse Bay

HK Still World’s Top Luxury Housing Market and More Hong Kong Real Estate Headlines

2018/06/26 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, rich people continue to do fine in the Asian commercial hub as the city remains the world’s top luxury housing market for the second year running. Evidence of the hot market for pricey… Read More>>

Ivan Ho KaiLong

Kailong to Convert Eight HK Properties into Chain of Boutique Offices

2018/06/13 by Shawna Kwan Leave a Comment

Warburg Pincus-backed Kailong has purchased eight properties in Hong Kong over the last year, and now the real estate fund manager is taking a few pages from WeWork’s success story as it plans to redevelop this HK$3.7 billion ($471 million)… Read More>>

One Hennessy in Wan Chai

Mainland Bank Leases 8 Floors in Wan Chai and More Hong Kong Real Estate Headlines

2018/05/29 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong roundup, Shanghai Pudong Development Bank — currently headquartered in Central’s Bank of America Tower — has preleased eight floors in Chinachem’s One Hennessy office project in Wan Chai for a record-breaking rent. Together with mainland co-working… Read More>>

Sean Qian Kr Space

Alibaba-Backed Kr Space Debuts in Hong Kong with 7-Floor Wan Chai Lease

2018/05/23 by Shawna Kwan Leave a Comment

Kr Space, the co-working spinoff of Alibaba-backed technology platform 36Kr, has picked Hong Kong for its first centre outside of mainland China, leasing seven stories in the One Hennessy office building in Wan Chai while it looks to open other… Read More>>

Gary Wong Chi-him Gaw

Gaw Could Turn Retail Centres into NGO Hubs and More Hong Kong Real Estate Headlines

2018/05/10 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Goodwin Gaw’s Gaw Capital has announced plans to offer discounted rent for NGOs in a set of shopping centres acquired from Link REIT earlier this year, in a move that could counter public… Read More>>

New Home Prices Soar 18% in Q1 and More Hong Kong Real Estate Headlines

2018/04/11 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, last quarter offered no relief to the city’s home buyers as new flat prices surged to the second-highest level since a local agency began keeping records in 1996. Also in the headlines, a… Read More>>

Ronnie Chan Hang Lung

Commercial Plaza Deal Sets Wan Chai Price Record and More Hong Kong Real Estate Headlines

2018/02/14 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, an office unit just sold in Wan Chai for a record-breaking price, while a top jewelry retailer saw its rent in Causeway Bay slashed 40 percent. Also in the headlines, Hang Lung Properties’… Read More>>

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