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July 21, 2026
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City University of Hong Kong has paid HK$1.96 billion for the Festival Walk Office Tower in Kowloon Tong, which has an area of 229,000 sq ft. Photo: Handout

    Rare momentum: Hong Kong universities, schools prop up commercial property market

    3 weeks ago02 mins

    Hong Kong’s educational institutions are forecast to ramp up their investment and leasing in the commercial property segment, with leading universities and international schools among those paying top dollar to acquire or lease office and retail spaces, according to Colliers. In the first five months of the year, property acquisitions by educational institutions accounted for…

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    Operation Santa Claus raises HK$19 million for Hong Kong fire victims, other causes

      Operation Santa Claus raises HK$19 million for Hong Kong fire victims, other causes

      6 months ago02 mins

      Hong Kong’s annual fundraiser, Operation Santa Claus (OSC), has wrapped up its campaign this year, raising more than HK$19 million (US$2.4 million) for charitable projects and victims of the Tai Po fire – nearly double its target. The campaign, launched on November 4, had aimed to raise at least HK$11 million for 13 charitable projects….

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