Asia real estate and outbound investment news
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 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 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>>
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>>
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 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.
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>>
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>>
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>>
A mixed-use plot atop MTR Corporation’s Wong Chuk Hang station said to be worth up to HK$36 billion ($4.6 billion) has generated 36 expressions of interest from developers including Sun Hung Kai Properties, CK Asset and New World Development.
The… Read More>>
