Luxury Real Estate Blog and News
Hong Kong kicks off tender for Central Harbourfront SiteDecember 30, 2020 - Central
Amid market uncertainty and sliding property values, Hong Kong is putting up for sale an iconic commercial site in the city’s busiest district.
Causeway Bay Shop Sold at 73% LossAugust 05, 2020 - Causeway Bay
Hong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive shopping district was sold at a 73% loss.
Hongkong Land pays record price for Shanghai siteFebruary 21, 2020 - Xuhui
Hongkong Land Holdings Limited has agreed to pay a record RMB 31.05 billion ($4.48 billion) for a development site in Shanghai’s Xuhui district.
A $134 Million Building in Zurich Has Sold Via CryptocurrencyJanuary 24, 2020 - Zurich
Cryptocurrency investors can now have a piece of the prestigious real estate pie, with one of Zurich’s multimillion-dollar buildings sold using digital tokens to seal the deal.
Hong Kong commercial property Investment fell 52% last yearJanuary 16, 2020 - Central
Investment in Hong Kong office and retail properties plunged by 52% last year to HK$$68.9 billion (US$8.9 billion), the largest decline in a single year since 2011.
McDonald's Puts Kowloon Shop on the Market for HK$1 billionMay 28, 2019 - Tsim Sha Tsui
The US fast food giant McDonald’s is seeking to sell a prime street level shop in Hong Kong worth HK$1 billion (US$127.4 million)
London remains top global destination for real estate investmentFebruary 18, 2019 - London
According to Knight Frank's London Report, London retained its title as the world's top destination for investment in commercial real estate in 2018.
Forever 21 to Shut Flagship Hong Kong StoreMay 14, 2018 - Hong Kong Island
Forever 21 is retreating from its Causeway Bay flagship store next August after its lease ends, with American lingerie chain Victoria's Secret rumored to be taking over the prime location.
Entire floor of Standard Chartered Bank Building rented for HKD 80 psfApril 19, 2018 - Central
The Standard Chartered Bank rented the entire 9/F, Standard Chartered Bank Building, Central, with an area of around 7,500 sq ft, and has decided to move out and put it up for lease earlier.
King Power to buy MahaNakhon in BangkokApril 17, 2018 - Sathon District
Thailand’s luxury property builder Pace Development sold key parts of Bangkok’s tallest skyscraper MahaNakhon Tower to domestic duty free retail company King Power.