Savills

New Business

Hong Kong’s Gale Well continues asset-sale plan with US$66 million luxury Stanley property

The 26,600 sq ft site, located at 8 Stanley Beach Road, has three blocks of flats that are three stories…

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New Business

Cassette King’s US$55 million Hong Kong luxury house put on market amid distress

A luxury detached house in Pok Fu Lam, owned by Hong Kong’s “Cassette King” David Chan Ping-chi, has been put…

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New Business

Hong Kong office tenants pay world’s second-highest annual costs, Savills says

Hong Kong office tenants pay the second-highest costs in the world for prime space, behind only tenants in London’s West…

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New Business

Hong Kong’s Tsim Sha Tsui is world’s top high street, beating Madison Avenue, Bond Street

Hong Kong’s Tsim Sha Tsui district commanded the most expensive rental fees among the world’s retail markets last year, as…

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New Business

Hong Kong’s largest flex-office provider seeks deals with vacant-office landlords

The trend of companies offering flexible working arrangements to retain their top talent, far from a pandemic-era fad, is now…

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Hong Kong residential landlords get support from workers at hedge funds, crypto: Savills

The firm said expatriates returned to the city from Singapore in the first quarter of the year, though there was…

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New Business

Hong Kong’s March property sales rise to 4-month high, in a sign of improving sentiment

Hong Kong’s property sales increased to the highest level in four months in March, as a resurgent stock market and…

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New Business

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

Gucci, Prada close more China outlets as consumers cut luxury spending

Global luxury retailers are hastening their retreat from China by shutting stores in high-end shopping malls across major mainland cities,…

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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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