JLL

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Exclusive | BlackRock sells Shanghai tower at 34% discount as it pulls back from China property

The world’s largest asset manager BlackRock is selling its last major asset in Shanghai for two-thirds of what it paid,…

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New Business

Hongkongers’ Shenzhen shopping sprees abate, in relief for retail owners, UBS and JLL say

Hong Kong’s downtrodden retail sector could be headed for a turning point in coming months, as city residents show less…

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New Business

The View | Why the future looks so promising for luxury property in Asia

These are testing times for real estate markets the world over. United States President Donald Trump’s aggressive trade protectionism and…

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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

Hong Kong office landlords in ‘defensive’ mode amid supply glut, relocation trend

Hong Kong office landlords are increasingly in a “defensive” position amid a supply glut that is driving tenants to upgrade…

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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

Shanghai property deals to increase amid active bargain hunting: JLL

Shanghai’s property market is likely to see more transactions involving office buildings, shopping malls and rental homes this year because…

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New Business

Leasing momentum, lower interest rates unlikely to rescue Hong Kong’s distressed office landlords

Hong Kong’s office property market is likely to see more distressed sales in the medium term, as banks will need…

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New Business

More Hong Kong shops to close as retail habits change, shopping shifts online

With the shopping habits of both Hongkongers and visitors to the city going through a sea change, more brands and…

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New Business

Mystery big spender snaps up 26 Hong Kong flats for HK$150 million in 1-day shopping spree

A mystery buyer splurged HK$150 million (US$19.3 million) to snap up 26 new flats in Hong Kong’s Kai Tak district…

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