Kennedy Town

New Business

Repeat buyer tucks into another McDonald’s Hong Kong shop for US$15.2 million

McDonald’s has sold another Hong Kong retail property for HK$118.7 million (US$15.2 million), bringing the proceeds from its ongoing asset…

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New Business

McDonald’s cooks up fat profit in US$9.3 million Hong Kong property sale

McDonald’s sold a property in Kowloon for HK$72.4 million (US$9.3 million), as the Chicago-based fast-food giant reached HK$333 million in…

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New Business

Hong Kong’s slumping commercial property market lures savvy tycoon-linked buyer

Savvy investors, including a buyer of a floor at Opus in Mid-Levels who is connected to the family of a…

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New Business

McDonald’s Hong Kong shops sell like hotcakes as two properties go for US$23.5 million

Two McDonald’s shops in Hong Kong were sold to the same buyer for HK$183 million (US$23.5 million) on Monday, marking…

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New Business

McDonald’s sells first Hong Kong property in US$154 million asset-disposal plan

McDonald’s Corp has sold a shop in Yuen Long via public tender for HK$77.4 million (US$9.9 million), the fast-food chain’s…

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New Business

Hong Kong home rents flirt with record, set to keep rising next year, agents say

Hong Kong’s residential rental market has improved for eight consecutive months, with rents reaching a record high amid sustained local…

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New Business

McDonald’s seeks US$153 million for 8 Hong Kong retail properties in rare asset sale

McDonald’s Corp is selling eight retail properties in Hong Kong with an estimated market value of HK$1.2 billion (US$153 million),…

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