Bstan Group News Today

Rental housing operator Weave Living is in due diligence on the purchase of the Hotel Cozi Harbour View and Hotel Ease Mong Kok in Hong Kong.

Goodman Group agreed to acquire nearly three-quarters of the Chuan Kei Factory Building in Hong Kong's Kwai Chung area from Stan Group.

Kailong Group is buying 90 percent of the Wing Shing industrial building in Hong Kong's Kwai Chung areas from the family of Tang Shing-bor.

Angelo Gordon submitted an application to redevelop a Hong Kong industrial building into a taller structure suitable for a data centre.

HONG KONG: International funds and local investors are snapping up hotels in Hong Kong with the intention of converting them for long-term leasing and student accommodation as the outlook for the city's tourism industry remains uncertain.

Since the onset of Covid-19 some 14 hotels have changed hands, mostly for conversion to co-living or student accommodation, with more in the pipeline as activity accelerates in the sector, says Colliers.

Stan Tang's Stan Group has sold the Indi Home Shopping Arcade in Hong Kong's Tsuen Wan area for a reported HK$650 million.

Blackstone has acquired the Elegance Printing Centre in Hong Kong's Shau Kei Wan area for use by its Storefriendly self-storage JV.

Hong Kong's “Minibus King” Ma Ah-muk has sold the Catic Building in Kowloon East as the city's industrial real estate market recovers.

BSTAN Group unveils Abba Yusuf Bichi, son of the Director General of the DSS, as its First Youth Ambassador for the HomeTitan Network.