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Hong Kong's Distressed Commercial Real Estate Sales Soar in H1
Distressed commercial real estate sales in Hong Kong surged in the first half to comprise 73% of the total volume, the South China Morning Post reported Tuesday, citing real estate firm CBRE.
Market Chatter: Hong Kong Office Vacancy Rate Hits New High in June
Hong Kong's office vacancy rate hit a new high of about 17% in the second quarter, with 15 million square feet vacant, The Standard reported Tuesday, citing CBRE.
Collateralized mortgaging: After the withdrawal of the spice, new Hong Kong people have become a new purchasing power, and it is expected that the price of Hong Kong's entire year will narrow down by 3% to 5%.
According to Cao Deming, the mortgage ratio of new Hong Kong residents has been consistently high, increasing from 18.6% in the first quarter of last year to 29.2% in the second quarter of this year.
Lai Sun Development JV to Offload Hong Kong Property for HK$540 Million
An entity owned by a 50:50 joint venture between Lai Sun Development (HKG:0488) and a third party will sell commercial properties in Hong Kong to an undisclosed buyer for HK$540 million. The propertie
Lai Sun Development (00488) subsidiary plans to sell Hong Kong properties.
Lai Sun Int'l (00191) and Lai Sun Dev (00488) jointly announced that on July 2, 2024, the seller...
Lai Sun Garment Shareholders to Vote July 12 on Proposed Sale by Unit Lai Sun Development
Shareholders of Lai Sun Garment (International) (HKG:0191) will meet July 12 to vote on the proposed sale of a Hong Kong property-owning subsidiary by unit Lai Sun Development (HKG:0488), a June 21 bo
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