Regal Hotels International Holdings – Charm

Hong Kong, mainland China spur surge in Asia-Pacific commercial property deals

2 months ago03 mins

The Asia-Pacific region’s commercial property investments surged in the first quarter, according to data tracked by analysts, as early signs of recovery in office and retail segments across Hong Kong and mainland China boosted deal volumes. Total investment in offices, retail spaces, industrial units, data centres, hotels, apartments, senior housing and other asset classes climbed…

Among commercial buildings, hotels are favoured for conversion into student hostels due to lower costs, according to multinational firm Arup. Photo: Sam Tsang

Regal’s US$194 million hotel sale highlights investor push into Hong Kong student housing

3 months ago02 mins

Regal Hotels International Holdings and its units have sold the 494-room Regal Kowloon Hotel for about HK$1.52 billion (US$194 million) to the real estate investment arm of Centaline Group, which operates one of Hong Kong’s largest property agency networks, to be converted into a student hostel. Regal Hotels and affiliates Century City International Holdings and…