investment properties

New Business

China’s wealthy swap real estate for insurance, gold as retirement looms

Since 2020, Li Jiang, a veteran manufacturing entrepreneur from Guangdong, has been selling off his properties one by one –…

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New Business

Wharf swings to 2024 loss as mainland China write-downs add to sales slump, office glut

Wharf (Holdings) swung to a loss last year after the commercial property developer wrote down the value of its projects…

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New Business

Hong Kong’s Times Square owner says earnings sink on weak retail, property market

Wharf Real Estate Investment Co, one of Hong Kong’s biggest commercial landlords, said earnings tumbled last year as revenue from…

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New Business

Hongkong Land net loss expands 150% amid weak sales of mainland China projects

Hongkong Land, the biggest landlord in Hong Kong’s Central business district, recorded widening losses for the first half of this…

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