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New Business

Hong Kong may need 7 to 15 years to digest city’s glut of commercial space, experts say

How do you solve a 15-million-square-foot empty office space problem in Hong Kong, a size larger than all the space…

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New Business

Chinese Estates CEO, sister sell retail shops in Hong Kong amid market stress

More investors are selling their investment properties in Hong Kong’s key business districts amid a prolonged slump in the commercial…

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New Business

How Hong Kong’s property slump is affecting asset values owned by celebrities and tycoons

Hong Kong’s weakening retail sales and slumping property market have sharply reduced the capital values of commercial real estate owned…

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New Business

Global funds exit China’s commercial properties with fourth year of net selling

Foreign investors were net sellers in China’s commercial real estate market for a fourth year in 2024, hastening their retreat…

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New Business

Hong Kong property: Winland’s 5 asset sales show more distress in store

More financially stressed property owners are putting their assets in Hong Kong up for sale at big discounts this year…

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New Business

Singapore’s Mapletree wins land tender, adds Tsing Yi logistics site to Hong Kong assets

Hong Kong has awarded Singapore’s Mapletree Investments a 50-year land grant to a parcel of land in the New Territories…

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New Business

Hong Kong minibus king’s family to sell The Center assets at 34% discount from 2018 price

Hong Kong investors continue to offload property assets at discounts amid high interest rates, and consultants expect more financially stressed…

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New Business

Tokyo office rents rise sharply but vacancy disparity signals caution for investors

Investors in Tokyo’s office segment should temper optimism with caution, even though rents rose by the most in eight years…

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New Business

The View | Hong Kong property market gloom has become self-fulfilling prophecy

Narratives are important. Robert Shiller, the Nobel Prize-winning economist, published a book in 2019 explaining how the forces driving economies…

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New Business

Luckin Coffee’s entry into Hong Kong a sign of mainland Chinese brands’ growing dominance

Mainland Chinese brands are ramping up their presence in Hong Kong, using the city to test the waters before foraying…

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