The Hong Kong property market, known for its high prices, is navigating challenges due to factors like rising rates, slow post-COVID recovery and close ties to mainland China. The office sector in ...
TOPSHOT - Pro-democracy protesters in Hong Kong, 2019. (Photo by Isaac LAWRENCE / AFP) (Photo by ISAAC LAWRENCE/AFP via Getty Images) Until 2019, Hong Kong had such rich property markets that the city ...
HONG KONG, Jan 12 (Reuters) - Hong Kong's property companies face a squeeze in 2024 from rising funding costs and sluggish home sales and office rentals, making creditors and investors cautious about ...
According to JLL's newly released Year-End Property Market Review and 2024 Forecast, Hong Kong's commercial property leasing and investment markets experienced a slower-than-expected improvement in ...
HONG KONG, Aug 18 (Reuters) - Hong Kong's debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by nearly 70% next year amid ...
China’s economic downturn has not been kind to the ultrarich who made their wealth on its rise. In their haste to cough up cash, Hong Kong’s luxury property market has had some fire sales. Frank Gehry ...
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