Tag: Hong Kong



Knight Frank Helps Drive Successful Mercedes Dealership Takeover

Knight Frank helps drive successful mercedes dealership
Posted on 23 May, 2016 by Chris Grigorovsky under Business News, Commercial Sales and Lets

The world’s biggest Mercedes retailer has successfully acquired nine Mercedes-Benz dealerships, including four in the West Midlands. Advised by the Birmingham office of Knight Frank, the deal sees Hong Kong-based Lei Shing Hong, which represents the... Read More

Small Businesses are Priced Out of Hong Kong Market

Posted on 31 July, 2013 by Jodee Redmond under Worldwide Property News

The most expensive shopping district in the world is not in New York, London, or Paris - it's on Russell Street in Hong Kong. This 150-yard stretch of luxury stores is chock full of designer brands and caters to tourists from mainland China. Over the... Read More

Manulife Buys Hong Kong Office Tower

Posted on 25 April, 2013 by Jodee Redmond under Worldwide Property News

Manulife (International) Limited has agreed to buy the West Tower at the One Bay East development in Kowloon East, Hong Kong. The deal, which is worth HK$ 4.5 billion (£379 million), is the largest single office tower purchase in Kowloon. CBRE Group's Hong... Read More

Chinese Investors Look Overseas

Posted on 25 January, 2013 by Jodee Redmond under Worldwide Property News

Chinese companies are increasingly looking for opportunities overseas and investment in commercial property will continue to grow in 2013. Jones Lang LaSalle's Asia Pacific chief executive, Alastair Hughes, says that Hong Kong, the United Kingdom and... Read More

Hong Kong and NYC Most Expensive Retail Rental Markets

Posted on 6 January, 2013 by Jodee Redmond under Worldwide Property News

Hong Kong and New York City began 2012 as the two most expensive retail rental markets in the world and they ended the year in the same positions, according to CBRE’s third quarter MarketView research report. On Fifth Avenue rents have increased by 17... Read More

Hong Kong Commercial Property Demand Soars

Posted on 17 December, 2012 by Jodee Redmond under Worldwide Property News

The commercial property market in Hong Kong has increased dramatically in 2012. Transaction volumes and values have reached their highest level since 1997 as a result of strong demand from investors after the government moved to impose special stamp duties on... Read More

Hot Money Fuels Hong Kong Commercial Property Bubble

Posted on 7 November, 2012 by Jodee Redmond under Worldwide Property News

With Hong Kong introducing a clampdown on speculation on the residential market, investors are turning their attention toward commercial property and the influx of money into the region is driving fears that conditions will fuel a property... Read More