Hong Kong’s luxury property segment is showing signs of a revival, with mainland buyers returning to the market. Analysts expect developers to ramp up supply amid increasing demand and lower rates ahead.
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Nestled in the exclusive Beacon Hill District of Kowloon on one of the most elevated residential locations in the area, Kerry Properties’ Mont Rouge encapsulates luxury living at its best
Immersed in Greenery, located high above the city and offering unobstructed panoramas of the entire Kowloon Peninsula and the mountainous ridge of Hong Kong Island, Mont Rouge blends comfort and elegant design in an exclusive residential complex. The development, which comprises two seven-storey towers housing 26 apartments, as well as 14 two-storey houses and five villas, provides its fortunate residents with the all-too-rare rare experience of low-density living.
Cutting-edge contemporary architecture
SF Holding to take over Kerry Logistics
GROWTH STRATEGY: The deal is to help the Chinese company boost its distribution network throughout Asia and make Kerry Logistics its main vehicle for the expansion
Bloomberg
SF Holding Co (順豐控股), one of the largest Chinese logistics firms, is seeking to acquire control of Malaysian billionaire Robert Kuok’s (郭鶴年) Kerry Logistics Network Ltd (嘉里物流) in a HK$17.6 billion (US$2.3 billion) deal for its global expansion.
The Chinese courier plans to buy a 51.8 percent stake in Hong Kong-listed Kerry Logistics at HK$18.8 per share, according to a joint statement to the Hong Kong Stock Exchange released yesterday.