New World's Kowloon tower sees 70% take-up for office section
Henry Cheng's property group says complex will be fully rented by March or April when it opens
Hong Kong
NEW World Development said the office component of the HK$20.3 billion (S$3.5 billion) Victoria Dockside complex in Kowloon is already 70 per cent leased, and will be fully rented by the time it officially opens in March or April.
Tenants include Mizuho Bank, which leased six floors and moved into the building named K11 Atelier in October, relocating from Pacific Place on Hong Kong Island.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand