Hong Kong's historic Murray House exemplifies city's empty stores, fitful retail recovery
Vacancies across Central, Causeway Bay, Tsim Sha Tsui and Mong Kok down from peak in third quarter of 2022, but worse than in 2019.
Source: scmp.com
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Hong Kong retail landlords face squeeze in north as shoppers flock to mainland
RETAIL rents in Hong Kong districts near the border with Shenzhen are likely to miss out on a revival elsewhere in the city as residents flock to the mainland to do their shopping.
Source: businesstimes.com.sg
Hong Kong developer Chinachem names former Link Reit executive as next CEO as Donald Choi sets retirement
Andy Cheung has been an independent non-executive director since 2022 and before that was an executive with Link Reit.
Source: scmp.com
China Vanke sells land once earmarked for new HQ at a huge loss as embattled developer fights to reduce debt mountain
China Vanke has sold a plot of land once earmarked for its new headquarters in Shenzhen for 2.24 billion yuan (US$309 million), almost 30 per cent less than it paid in 2017, as the beleaguered property developer strives to pay down its mountain of debt.
Source: scmp.com
China real estate: Link Reit to fully acquire Shanghai mall from Vanke for US$331 million
Link Reit, which bought a 50 per cent interest in Qibao Vanke Plaza in April 2021, plans to acquire the remaining 50 per cent stake from the indebted Chinese developer.
Source: scmp.com