Hong Kong’s banking and finance sector is tipped to lead retail property leasing activity, with massive uptake by firms like Forthright Securities, Futu Holdings and HSBC providing support to landlords struggling through a multi-year real estate slump. Forthright Securities leased three storeys totalling 14,000 sq ft at Golden Centre in Sheung Wan for its first…
Hong Kong’s banking and finance sector is tipped to lead retail property leasing activity, with massive uptake by firms like Forthright Securities, Futu Holdings and HSBC providing support to landlords struggling through a multi-year real estate slump. Forthright Securities leased three storeys totalling 14,000 sq ft at Golden Centre in Sheung Wan for its first…
Ares Management, one of Asia’s largest alternative investment managers, is doubling its real estate footprint in Hong Kong, a move that aligns with a broader expansion by financial firms and demand for office space in the core Central business district. The Los Angeles-based asset manager would add about 12,500 sq ft of space in Gloucester…
Ares Management, one of Asia’s largest alternative investment managers, is doubling its real estate footprint in Hong Kong, a move that aligns with a broader expansion by financial firms and demand for office space in the core Central business district. The Los Angeles-based asset manager would add about 12,500 sq ft of space in Gloucester…
Landlords in Hong Kong and Singapore are expected to continue allocating space to flexible office operators as multinational corporations reshape the sector’s risk profile and fuel long-term demand, according to industry experts. A major driver behind this shift is the rapid change in who uses flexible workspaces. Global companies now represented 41 per cent of…
The 50,000-seat Kai Tak Stadium is transforming Hong Kong into a major sports and events destination, as it drives repeat tourism, supports retailers and helps prop up the city’s retail property landlords, according to experts. The stadium has been ranked the world’s No 3 in ticket sales in 2025, just nine months after its debut,…
The 50,000-seat Kai Tak Stadium is transforming Hong Kong into a major sports and events destination, as it drives repeat tourism, supports retailers and helps prop up the city’s retail property landlords, according to experts. The stadium has been ranked the world’s No 3 in ticket sales in 2025, just nine months after its debut,…
Taiwanese brand Nap Tea drew long lines when it opened its first Hong Kong store in Mong Kok in February. The chain has since expanded aggressively, opening its ninth outlet in the city this month. “What truly surprised us was our breakthrough in quickly building a loyal base of repeat customers,” said co-founder Dan Lin….
Those factors, JLL analysts said, were projected to help trim Hong Kong developers’ swollen inventory, which would drop back to their normal level by the end of next year. “Housing prices have bottomed out, and the outlook for 2026 is cautiously optimistic,” said Joseph Tsang Hon-ping, chairman of JLL in Hong Kong. “We expect capital…
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 proceeds at the halfway point in a campaign to dispose of eight Hong Kong retail properties. A company called Mega Champ bought the property in the Tai Fong Building of Cosmopolitan Estate in Tai Kok…