Commercial Property

CBRE: $1.03b Hung Shui Kiu bid masks wider tech, site-formation costs

The consortium estimates $16.8b investment across homes, site works, and tech facilities. 
4 days ago

Kwun Tong property offered for $220m

The asset has approval for conversion into a 128-bed student hostel.
6 days ago

Champion REIT H1 net property income falls 9.3% to $780m

The gross value of its portfolio rose 0.5% to $56.43b as of 30 June.

Lands Department invites bids for San Tin plots

Arrangement covers 17.7 hectares for private housing and 8.8 hectares for modern industry.

URA swings to $338m surplus after three years of losses

The authority adjusted strategies as the property market remains volatile.

Sofa Bar Livehouse to open first Hong Kong venue by end-September

Chengdu-based operator will occupy the space at 60 Wyndham Street.

Commercial property investment surges 129% to $24.3b in Q2

For the first half, investment volume rose 90% to $36.9b (US$4.7b).

Hang Lung appoints Leo Tsoi as CEO and executive director

The Toys “R” Us Asia chief will assume the top role on 1 October.

Hong Kong park’s research push hinges on smoother cross-border flows

More than 90 tech companies have agreed to establish a presence.

Prime street shop rents tipped to rise by up to 10%: Knight Frank

But, rental reversions at mid-tier shopping centres remain negative.

Hongkong Land’s Singapore fund to acquire $1.1b Wheelock Place

SCPREF’s AUM to rise to $9.4b from $8.2b upon completion. 

Tsim Sha Tsui redevelopment site on Granville Road launched for tender

It could accommodate a project with a gross floor area of up to 148,104 sq. ft.

Hongkong Land profit jumps to $10.2b in H1

Revenue fell to $4.96b (US$632.7m) from $5.89b (US$751.2m).

Sheung Wan’s MOETOWN hotel up for sale at $360m

The six-year-old property comprises 45 guest rooms and a sky gym.

Three Harbourfront Landmark commercial floors up for sale

The floors have a combined GFA of 73,820 sq ft.