Hong Kong’s real estate situation is worse now than it was before the 1997 Asian financial crisis and the city’s housing market is in “free fall” according to hedge fund manager Kyle Bass.
Bass, who made a reported $500 million… Read More>>
Asia real estate and outbound investment news
Hong Kong’s real estate situation is worse now than it was before the 1997 Asian financial crisis and the city’s housing market is in “free fall” according to hedge fund manager Kyle Bass.
Bass, who made a reported $500 million… Read More>>
Colliers International continued to build up its information assets in the region this week as the property consultancy introduced Daniel Shih as its new director of research for Hong Kong.
Shih, who has a background in urban planning and financial… Read More>>
Mainland tourists may not make themselves welcome everywhere they go, but Hong Kong’s malls seem to be missing the Renminbi-carrying shopping hordes in 2016. Plus, New World Group turns from art to kid stuff to pull in visitors for their… Read More>>
Asia’s biggest real estate investment trust disposed of seven retail assets in Hong Kong this week for a total of HK$1.96 billion ($253 million).
The properties sold by Link REIT include community retail centres, and hybrid retail and car parks… Read More>>
Asia’s biggest real estate investment trust, Link REIT announced today that it had sold two Hong Kong’s shopping centres for a combined HK$1.69 billion ($218 million).
In a statement to the Hong Kong Stock Exchange, the management of the real… Read More>>
Just 15 months after the company notched Hong Kong’s biggest IPO of 2014, China’s richest man has decided that investors aren’t giving his commercial property developer enough respect, and hopes to take the mall maker private. Plus, Greenland hopes to… Read More>>
Mainland financial giant China Everbright announced late on Thursday that it has agreed to purchase the Dah Sing Financial Centre in Hong Kong’s Wanchai district for HK$10 billion ($1.29 billion), as Chinese giants continue to buy up real estate assets… Read More>>
Hong Kong home prices may be coming down, but the city still ranks tops for the world’s most expensive office space, according to a report released today by property consultancy JLL.
Renting prime space in Hong Kong now costs an… Read More>>
Hong Kong is famous for its status as a financial hub and for the industriousness of its people, but now the southern Chinese city has achieved a new distinction – for having the world’s least affordable housing.
According to a… Read More>>
While the mainland dreams of a shift to a service economy, Hong Kong appears happy to focus on real estate as two of the top awards for business personalities in the Asian financial hub went to leaders of real estate… Read More>>