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Chinachem

New World Development sells Tsuen Wan shopping mall to rival Hong Kong developer Chinachem for US$510 million

by Anas Siddiqui
New World Development sells Tsuen Wan shopping mall to rival Hong Kong developer Chinachem for US0 million

New World Development (NWD) has agreed to sell its shopping centre and associated parking spaces in Tsuen Wan to rival Hong Kong developer Chinachem Group for HK$4.02 billion (US$510 million) …

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Sun Hung Kai Properties, ‘survivor in a long winter’, tops Hong Kong property sales with 30% of homes sold in 2023

by Anas Siddiqui
Sun Hung Kai Properties, ‘survivor in a long winter’, tops Hong Kong property sales with 30% of homes sold in 2023

Hong Kong’s most valuable developer Sun Hung Kai Properties (SHKP) topped the city’s sales tables in 2023, accounting for over a quarter of the deal volume at a time when …

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CEOs at top Hong Kong builders, landlords share optimism on outlook, see sustainability as key issue amid market stress

by Anas Siddiqui
CEOs at top Hong Kong builders, landlords share optimism on outlook, see sustainability as key issue amid market stress

The CEOs of major landlords and developers in Hong Kong have made building on the normalisation that began last year a top priority for 2024, with a focus on strengthening …

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Opinion: Why London’s bruised office market is still luring Asian investors

by Anas Siddiqui
Opinion: Why London’s bruised office market is still luring Asian investors

Signs that commercial property remains out of favour with investors are plain to see. The S&P Global Reit Index, a gauge of real estate investment trusts in developed and developing …

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