Hong Kong has witnessed another jumbo office purchase by a corporate occupier, with Dah Sing Banking Group having purchased 10 floors in a tower on the island’s south side for HK$838.7 million ($107 million), according to an announcement on Saturday.
Wheelock Clinches $93M Buy of South Hong Kong Island Building at Forced Auction
Wheelock Properties has acquired an industrial building in Hong Kong’s Wong Chuk Hang area for HK$728 million ($93.4 million), more than two years after applying for a compulsory sale of the ageing property.
The purchase of the Ha Lung Industrial… Read More>>
Wheelock Lines Up $254M Commercial Project in Hong Kong’s Wong Chuk Hang
Wheelock Properties could be on its way towards developing a HK$2 billion ($254.7 million) commercial project on Hong Kong Island, after having applied for a compulsory sale this month to acquire the remaining pieces of an ageing industrial building in… Read More>>
Sino Group JV Set to Open Office Project on Hong Kong’s South Side
Sino Group is expanding its Hong Kong Island commercial portfolio with the recent launch of leasing for a Grade A office project in the emerging commercial hub of Wong Chuk Hang, according to a statement.
Landmark South, a 256,957 square… Read More>>
Wheelock Wins Rights to MTR Wong Chuk Hang Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong blue-chip developer Wheelock has beat out a field of local heavyweights to win the rights to the last slice of land above the MTR station in Hong Kong’s Wong Chuk Hang… Read More>>
New World, Empire, Lai Sun and CSI Team Up to Buy Hong Kong MTR Site
Hong Kong’s MTR Corporation has awarded the rights for the fifth phase of property development at Wong Chuk Hang metro station to a consortium of four local developers, reportedly for a lower premium than was paid in the fourth-phase tender.
Kerry Picks Up 26% of Hong Kong Co-Working Hub for HK$500M
Kerry Properties, a Hong Kong-listed developer controlled by Shangri-La Hotels founder Robert Kuok, has acquired 26 percent of an industrial building in Hong Kong’s southern district for HK$499.7 million ($64 million), according to a local media report citing government filings.
Kerry, Swire, Sino Land Win MTR Site in Hong Kong for Reported HK$6.8B
Hong Kong’s MTR Corporation has awarded a residential development in a southern district of the city to a consortium formed by Kerry Properties, Swire Properties, and Sino Land.
The trio of local developers is reported to be paying a HK$6.76… Read More>>
CK Asset Wins Tender for HK$38B MTR Project in HK’s Wong Chuk Hang
Victor Li’s CK Asset Holdings has won the tender for a 1.5 million square foot (139,000 square metre) project in Hong Kong’s Wong Chuk Hang area, according to an announcement today by the city’s MTR Corporation, which sold the combined… Read More>>
KPMG Said Taking Up to 10 Floors in Swire’s South Island Place
International accounting firm KPMG is said to have signed up for 150,000 square feet (14,000 square metres) of space at South Island Place, an upcoming office project under development in Hong Kong’s Wong Chuk Hang area.
The lease, which would… Read More>>