Luxury Real Estate Blog and News
Li Ka-shing's CK Asset Holdings has sold his interest in The Center, the fifth-tallest building in Hong Kong, for $5.2 billion.
Rooms 10-12, High-Floor, Converntion Plaza, Wan Chai, with an area of 3,004 sq ft, has been changed hand for HKD 105 million, or HKD 35,000 per sq ft.
The entire floors of 22/F and 32/F of Far East Financial Centre in Admiralty, with a total GFA of 21,352 sq ft, was recently sold for HKD 650 million to a consortium.
The average rental cost for Central and Sheung Wan grade A office has risen to HKD189 per sq ft this year, superseded London in the UK and Financial Street in Beijing.
There was a significant rise in the number of commercial property investors ploughing money into Manchester’s office property market during the first six of the year, according to Savills.
After nearly a year in development, Dubai unveils an open-plan office constructed using an industrial 3D printer.
The entire block of Cheuk Nang Plaza with total area of 55,621 sq ft was sold for HKD 790 million or HKD 14,203 psf.
Bank of China Ltd. has reached a deal to buy a Manhattan office tower for $600 million, marking the latest display of Chinese investment in trophy U.S. properties