Hong Kong’s Grade A office market in November saw tenants give back 44,400 square feet (4,125 square metres) more than they took up as leasing activity slowed towards year-end and large spaces became available in some submarkets, according to JLL.
Goldin Financial Global Centre Sells Again, PAG-Mapletree JV Reported as Buyer
Following a series of failed tenders and cancelled sales of Hong Kong’s Goldin Financial Global Centre (GFGC) over the past two years, liquidators of the former headquarters of Goldin Financial Holdings are said to have reached a deal to sell… Read More>>
CK Asset Refills Hong Kong Pipeline with $150M Win of Sai Ying Pun Site
CK Asset Holdings has won a tender for a residential development site in the Sai Ying Pun area of western Hong Kong Island with a bid of HK$1.16 billion ($150 million).
The developer controlled by billionaire Li Ka-shing secured the… Read More>>
Swire Group Sells Hong Kong Luxury Project to Fund for $128M
Swire Group has sold a luxury housing compound on Hong Kong’s Peak for HK$1 billion ($128.3 million), in what has been tallied as the city’s most expensive luxury property deal so far this year on a per square foot basis.
Henderson Land Unveils Plan for Central’s Site 3 in Hong Kong
Henderson Land Development has submitted a design plan for its Site 3 harbourfront development in Hong Kong’s Central district, according to an application by the builder to the Town Planning Board, with the project expected to be worth as much… Read More>>
Mingtiandi Hong Kong Focus Forum 2023 On-Location Event
After nearly four years of pandemic and travel restrictions, Mingtiandi returns to Hong Kong with its first-ever Hong Kong Focus Forum in 2023, which will bring market leaders together for a full day of discussions about the opportunities and challenges… Read More>>
SHKP Wins Kowloon East Commercial Site for $38M
Sun Hung Kai Properties has bested three competing bidders to win a tender for a retail site in Hong Kong’s Kowloon East, at a price more than 50 percent less per square foot than what Link REIT paid in late… Read More>>
Hong Kong’s Tsim Sha Tsui Named World’s 2nd Most Expensive Shopping Spot
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>>
SHKP Wins Tender for West Kowloon Commercial Project
Sun Hung Kai Properties had been awarded the tender for a commercial project in Hong Kong’s West Kowloon area after the blue-chip builder submitted the sole bid for the development site earlier this month.
SHKP won the right to develop… Read More>>
Hong Kong Office Leasing Accelerates in October as Rents Dip, Vacancy Still Climbs
Leasing activity in Hong Kong’s Grade A office market intensified in October as tenants took up 479,000 square feet (44,501 square metres) more than they gave back during the month, accelerating from a net take-up of 157,000 square feet in… Read More>>
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