Follow Post Mag, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/scmp638 Fri, 31 Mar 2023 01:54:26 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoCO41LaMbgK-pVjH6qdYdAk Chen was the talk of the town in Hong Kong for purchasing the house on The Peak for a record price of HK$2.1 billion in 2016.]]> Thu, 30 Mar 2023 10:35:24 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoCO41LaMbgK-pVjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoAjEuTfZiv3aClmFkX7M1Jw The capital of Fujian province has made it easier for individuals and families to own multiple homes while also relaxing resale restrictions.]]> Wed, 29 Mar 2023 09:17:59 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoAjEuTfZiv3aClmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoAKZNq891iLjezdsCmHakzH An index of pre-owned homes in Hong Kong rose to a four-month high of 345.9, following a 2.22 per cent increase in prices. One analyst expects the price gain to reach 6 per cent in the first quarter.]]> Wed, 29 Mar 2023 07:27:17 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoAKZNq891iLjezdsCmHakzH https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoDpszxqhH_qX5s0ohxaO6Yr Several key factors for a sustainable recovery, such as a sustainable pickup in new home sales and improvement in developer funding, are missing, BofA says in report.]]> Wed, 29 Mar 2023 02:30:17 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoDpszxqhH_qX5s0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoD24VZLqWo-peT5HJgy6HUf Sunac China’s sweetened proposal for US$9.1 billion in offshore debt follows a similar offer by China Evergrande last week, as developers take advantage of improving sentiment.]]> Tue, 28 Mar 2023 17:32:16 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoD24VZLqWo-peT5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoBPHXPhEa1IaHn9ye8UNv30 JLL says the trend for diversifying portfolios into commercial and luxury residential properties will continue to rise in Hong Kong, where a mature financial industry makes it an ideal hub for wealth management.]]> Tue, 28 Mar 2023 10:00:23 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoBPHXPhEa1IaHn9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoBG5luIACiYosb1naedg1wr The owner of the 1, 219-room, Sheraton-branded property, Shimao Group, is in the process of restructuring US$11.8 billion in debt.]]> Mon, 27 Mar 2023 13:31:26 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoBG5luIACiYosb1naedg1wr https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoAQaY4AtmQTvOzdsCmHakzH The surge in residential rents has fuelled concerns about rising living costs and the city’s ability to attract and retain talent. However, the recent rise comes after years of falling or flat rents, and property prices are just one of several factors determining the competitiveness of financial centres.]]> Mon, 27 Mar 2023 09:45:21 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoAQaY4AtmQTvOzdsCmHakzH https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoBaqLnP11Tb3ps0ohxaO6Yr H Properties has launched initiatives to become more sustainable and keep existing tenants happy, CEO Ryan Ng said. It is also eyeing investments in different asset classes in different markets.]]> Sun, 26 Mar 2023 09:00:24 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoBaqLnP11Tb3ps0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoCIvQBsIiN61ylmFkX7M1Jw With thousands of jobs at risk from Credit Suisse-UBS tie-up and more on the line across the wider financial sector, the outlook for Hong Kong’s office sector looks bleak.]]> Sun, 26 Mar 2023 04:00:24 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoCIvQBsIiN61ylmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoD2e-oTmHcCuuT5HJgy6HUf The long queues were a welcomed sight for Hong Kong’s developers and agents, as rising rates combined with the Covid-19 pandemic to knock the city’s property bull market off its footing.]]> Sat, 25 Mar 2023 15:25:02 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoD2e-oTmHcCuuT5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoChJELH5qSg9-T5HJgy6HUf China’s expected economic revival will leave fallen property tycoons behind, missing the crucial liquidity train. The window to reorganise their offshore debts may be closing, as talk about another recession persists.]]> Sat, 25 Mar 2023 04:00:22 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoChJELH5qSg9-T5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoD0ovcgP4cPTKCY3L745TL_ With Hong Kong likely to have reached the peak of interest rate increases, sales of new and lived-in homes could hit 66,000 units this year, up nearly 50 per cent from last year, analyst says.]]> Fri, 24 Mar 2023 02:30:16 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoD0ovcgP4cPTKCY3L745TL_ https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoA-QqJ9oJM2MqCY3L745TL_ Hauser & Wirth, a major Swiss contemporary and modern art gallery, is relocating to new premises in Hong Kong’s Central business district, to give art patrons and customers better access to its galleries, according to one of its top executives.]]> Thu, 23 Mar 2023 02:15:23 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoA-QqJ9oJM2MqCY3L745TL_ https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoC6ZXG2P7afCV1cWWor9YPv A rising rate cycle underscored the imperatives of fighting inflation, and the confidence that the move would not deepen the banking crisis that is developing among midsize lenders.]]> Thu, 23 Mar 2023 01:03:21 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoC6ZXG2P7afCV1cWWor9YPv https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoASGJpYDJZbIl1cWWor9YPv China Evergrande Group has unveiled long-awaited restructuring plan for as much as US$19.15 billion in offshore debt, which could provide pointers on efforts elsewhere in sector.]]> Wed, 22 Mar 2023 18:22:47 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoASGJpYDJZbIl1cWWor9YPv https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoA8d9KJwaJxN11cWWor9YPv Henderson Land said in an exchange filing that the decrease in underlying profit was partly due to an attributable gain of HK$1.8 billion, which was recognised in the previous year.]]> Tue, 21 Mar 2023 14:35:08 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoA8d9KJwaJxN11cWWor9YPv https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoBfGilir9sCaXn9ye8UNv30 The property services unit of Sunac China Holdings cited the ‘recurring pandemic outbreaks and the continuous downturn of the real estate industry’, for loss.]]> Mon, 20 Mar 2023 13:00:33 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoBfGilir9sCaXn9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoBadMtnLI0fSXn9ye8UNv30 The heavily indebted developer told a Hong Kong court it had the support of its overseas creditors for the proposed restructuring, and will publish the term sheets as early as Wednesday.]]> Mon, 20 Mar 2023 11:50:08 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoBadMtnLI0fSXn9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoAeRvuZZHmv4SejEQ2Mq9rY Demand for high-grade office space in top mainland cities is forecast to boom as economic recovery strengthens. Higher rents could follow, according to property consultancies.]]> Mon, 20 Mar 2023 02:30:16 +0200 https://api.follow.it/track-rss-story-click/v3/gtVP-jB0UoAeRvuZZHmv4SejEQ2Mq9rY