The Scotts Square shopping mall in Singapore. Wharf Real Estate Royal Holdings and RB Capital—controlled by property tycoon Raj Kumar and his son Kishin RK—are jointly buying Scotts Square for S$310 million ($245 million) from Hong Kong billionaire Peter Woo’s Wharf Real Estate Investment. The deal comes amid booming demand for commercial properties in Singapore,…
The long-standing rivalry between Asia’s two leading financial centres is heating up. As Hong Kong and Singapore compete harder for investment talent, tax incentives for fund managers have emerged as the new battleground. A government bill working its way through Hong Kong’s Legislative Council would result in sweeping changes to tax rules on carried interest….
Signs of recovery in Hong Kong’s real estate industry are becoming more apparent, so much so that key indicators in parts of the sector are experiencing some of the fastest growth rates in the Asia-Pacific. In the hotel market, average daily rates, which were declining in annualised terms for most of 2025, grew 9.5 per…
In the first half of this year, investment in Hong Kong commercial real estate reached HK$24.1 billion (US$3.1 billion), up 56 per cent in annualised terms, according to CBRE data. The education industry was a crucial source of demand, generating HK$10 billion worth of transactions, with many of these deals involving assets for conversion into…
Hong Kong’s retail leasing market remained under pressure with rental rates far below the pre-pandemic levels, while Beijing’s crackdown on capital flight and a potential rate hike in the second half of the year by the US Federal Reserve would add to sector uncertainties, according to analysts. The food and beverage sector has seen numerous…
Photo by Patrick T. Fallon/AFP via Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Palmer Luckey, the billionaire founder of defense technology company Anduril Industries and Oculus VR, is sounding the alarm on America’s dependence on China — and his warning goes far beyond cheap…
Hong Kong private equity firm Templewater is eyeing investment opportunities in Central Asia’s real estate, energy transition and healthcare sectors, while positioning itself as a “superconnector” to channel capital from the Middle East into the emerging market. Cliff Zhang Kun, chairman of Templewater, also stressed the need for businesses to diversify their investments and shift…
Financial Secretary Paul Chan Mo-po was in Europe last week, holding talks with family offices and financial institutions in a bid to reinforce Hong Kong’s position as a world-leading hub for private capital. The visit underscores the city’s proactive approach to deepening international financial ties at a time of global economic realignment. The timing of…
A wave of bullishness is sweeping through Hong Kong’s real estate market. A report by S&P Global Ratings on May 5 said an “upside surprise” could materialise. One of the catalysts for a stronger-than-expected recovery was evidence of more competitive bids at residential land auctions in recent months. S&P said, “Hong Kong has become the…
A real estate spinoff from former retail giant Sears is pushing to sell off one of its remaining properties, which happens to be in Washington state. Last year, The News Tribune wrote about the former Sears site at Overlake Plaza property in Redmond, formerly home to a Sears store, which closed in 2018. Demolition took…