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
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 (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 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 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
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
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
