Savills

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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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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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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New Business

China’s office property market outlook bleak as foreign firms leave in droves

Downward pressure on China’s office property market is likely to persist this year, while an exodus of foreign companies due…

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Heating up down under: Chinese buyers are buying more expensive properties in Australia

Mainland Chinese demand for Australian real estate is surging and investors are buying more expensive properties, according to agents. If…

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Mortgage registrations in Hong Kong hit record low in 2024, Centaline says

Mortgage registrations in Hong Kong dropped to the lowest level on record last year, as the city’s property market suffered…

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