Hong Kong Property
Hong Kong home prices extend rising streak in April
Mainland Chinese account for more than a quarter of all housing purchases during the month
Hong Kong’s Sogo Department store racing to refinance loan: sources
Lifestyle International still needs to nail down HK$2 billion in commitments to meet its target of refinancing HK$6.75 billion outstanding on deal
New World mulls fee to avoid US$9 billion rent for 11 Skies mall project
The payment will cover some of the developer’s long-term rental obligations with Hong Kong’s Airport Authority
Blackstone drops US$4 billion New World deal over control clash
Billionaire Chengs might forgo a deal by injecting capital through a rights issue instead
Mainland Chinese snap up Hong Kong homes in April, most in 2 years
They favour new homes, with 1,032 of April purchases coming from the primary market
New World weighing sale of stake in US$2 billion HK hotel portfolio: sources
The potential buyers include Aravest, a Sumitomo Mitsui Finance & Leasing-backed real-estate manager
Hong Kong property shares rally as Morgan Stanley feeds optimism
The bank raises its estimate for home price growth 12% this year from 10%, and expects another 5% in 2027
Robotic legs help elderly Hong Kong fire survivors climb back for belongings
The complex’s apartment towers have 31 floors, making the climb difficult for many elderly former residents
Light at last for Hong Kong’s Central office market after seven-year slump
More Chinese firms are seeking to buy financial district offices as the city pushes to become a regional tech hub
Hong Kong’s small builder debt woes mount despite property rally
This has put them on shakier ground than larger players in the sector