real estate
Stories tagged real estate.
Maybourne Group Splits Operations and Real Estate in Qatari Ownership Reset
A new ownership agreement divides the Maybourne hotel group between two Qatari entities, separating operational control from property ownership while keeping the management team intact.
Kerry Properties Shifts Focus to Hong Kong Land and Luxury Amid Mainland Slump
Kerry Properties is doubling down on Hong Kong residential land, acquiring three sites in the first half and considering asset sales to fund new investments, even as its mainland business slows.
Luxury Home Sales in China’s Top Cities Rise 38% as Wealthy Buyers Splurge
Sales of high-end homes priced between 30 million and 50 million yuan climbed 38% in the first half, driven by wealthy buyers from China’s tech boom. Analysts caution the uptick is too small to signal a broader property market recovery.
Retail construction hits record low, squeezing store space availability
Retail construction completions fell to a record-low 5.7 million square feet in the second quarter, tightening space availability and making it harder for retailers to find new locations, CBRE reports.
McDonald's Sells Nearly Half Its Hong Kong Shops in Slumping Market
McDonald's has sold 11 of its 23 self-owned Hong Kong restaurants for more than HK$900 million, a year after putting the portfolio on the market even as the city's retail property sector struggles.
Hong Kong Luxury Home Sellers Accept Deeper Price Cuts as Market Cools
About 30% of owners listing luxury homes in Hong Kong's prime districts are willing to lower asking prices by around 10%, as recent celebrity sales at steep discounts highlight a slowing secondary market.
Retail Parks Prove Most Resilient Asset Class in European Commercial Property
A new study presented at MAPIC reveals that retail parks have become the strongest-performing segment in Europe's bricks-and-mortar retail property market.