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 disposal programme to about HK$490 million, as well-capitalised investors continue to snap up prime real estate. The 10,000 sq ft-plus property at 46-47 Yee Wo Street in Causeway Bay was sold to Evergreen Capital Partners….
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 disposal programme to about HK$490 million, as well-capitalised investors continue to snap up prime real estate. The 10,000 sq ft-plus property at 46-47 Yee Wo Street in Causeway Bay was sold to Evergreen Capital Partners….
A mainland Chinese driver under Hong Kong’s southbound travel vehicle scheme has been fined for illegal parking, while another faces accusations of using tinted windows, following an earlier warning about unauthorised use of auto driving mode on the city’s roads. The force said on Saturday it was following up on a complaint about a social…
Hongkongers are out in droves to experience festive vibes on Christmas Eve, while more than 330,000 residents have left the city for the holidays. By Wednesday evening, a growing crowd had gathered at the open-air plaza at Harbour City shopping centre in Tsim Sha Tsui to admire special Disney-themed festive installations. Office worker Cecile Tang,…
Hong Kong restaurants are looking towards Lunar New Year for a rebound in business after weak sales over the winter solstice weekend, as the city continues to reel from the Tai Po fire tragedy. Restaurant operators said on Monday they hoped business could take off in February around the Lunar New Year holiday. On Sunday,…
Hong Kong customs has arrested two party room operators on suspicion of providing pirated karaoke songs to customers after raiding eight properties across the city. The Customs and Excise Department said on Friday that officers launched an operation between December 3 and 10 after analysing intelligence, with the help of copyright owners, and identifying party…
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…
An estimated 31.4 per cent of voters had cast their ballots by 10.30pm on Sunday in Hong Kong’s second Legislative Council election under a “patriots-only” system, beating the record low turnout of 2021 in a sombre poll held just 12 days after the tragic fire in Tai Po. Almost as soon as polls opened, Chief…
Some residents of the only housing block to emerge unscathed from Hong Kong’s deadliest fire in decades have expressed hope that they can continue living in their flats, citing their deep emotional attachment to the neighbourhood. Residents of Wang Chi House at blaze-hit Wang Fuk Court in Tai Po arrived on Thursday for the second…
Thousands of mourners poured into Tai Po on Sunday, forming a solemn river of remembrance for the 146 lives lost in Hong Kong’s deadliest fire in more than seven decades, while Beijing called for unity and healing as a massive rescue and recovery operation continued amid the charred ruins. The scale of the calamity was…