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Hysan and Wharf's Lee Garden Eight in Causeway Bay offer the largest single floor space in Hong Kong Island, expected to be completed in the second quarter of next year.
Hysan (00014.HK) partners with the Huamao Group to create the Copper Shopping Center in Causeway Bay, integrating greenery elements into the bustling urban environment, seamlessly transforming the urban jungle into an urban oasis, and setting a new standard for office and retail spaces. The project is expected to complete in the second quarter of next year. The project offers the largest commercial floor area in the Hong Kong Island region, with a total commercial floor area of 1.1 million square feet, providing ample space for innovative experiences and diverse activities. Hysan and Huamao, along with the architectural and design team Foster + Partners, uphold the concept of greening indoor and outdoor spaces, creating a vibrant and dynamic Community. The Copper Shopping Center boasts an ultra
Hysan and Chinachem's Lee Garden Eight Teams Up With Foster + Partners to Redefine Urban Living and Sustainable Development
HYSAN DEV collaborates with China Resources to create Lee Gardens Eight, partnering with the world-class architectural firm Foster + Partners to redefine urban living and sustainability.
A new landmark in Causeway Bay, incorporating a design focused on people and looking towards the future. Hong Kong, May 8, 2025 /PR Newswire/ -- The high-quality comprehensive commercial development project, Lee Gardens Phase 8, is located in a core area of Hong Kong, jointly developed by HYSAN DEV Limited ("HYSAN") and Chuang's Consortium International Limited ("Chuang's"). With forward-thinking innovative design, it redefines future living, working, and socializing. Lee Gardens Phase 8 will become a new landmark in Causeway Bay, integrating greenery elements into the bustling city, seamlessly transforming the urban jungle into an urban oasis, and creating a new standard for office and retail environments.
Jones Lang LaSalle: In the first quarter, Real Estate Investment in the Asia-Pacific region increased by 20% year-on-year, while Hong Kong fell by 17.8%.
According to data and analysis from Jones Lang LaSalle, commercial property investment in the Asia-Pacific region is expected to grow by 20% year-on-year to $36.3 billion in the first quarter of 2025, reaching the highest first-quarter investment amount since the interest rate hike cycle began in 2022. Even in the face of tariff pressures, the region has recorded year-on-year growth for six consecutive quarters. Investments in all real estate sectors, except for industrial and logistics properties, have increased, reflecting that investors continue to make rational decisions based on objective Fundamental Analysis. In terms of cross-border investment, the Asia-Pacific region recorded an inflow of $8.6 billion in overseas capital in the first quarter, a significant year-on-year increase of 152%, reaching a new high for the same period since 2019. Among them, office buildings...
Xie Qiu An Yi: Due to the base effect, the retail market during the May Day holiday has shown significant growth. If one contract expands to more cities, it will drive more foot traffic.
The chairperson of the Hong Kong Retail Management Association, Xie Qiu An Yi, stated on a radio program that due to bad weather during last year's May Day Gold period and a lower base, this year sees a relatively higher increase in retail sales. She mentioned that travelers frequently talk about 'budget travel,' but they also emphasize value for money, which does not mean that there is no business in some higher-priced categories. She believes that if policies like multiple-entry visas can be opened up to more cities, it will definitely boost the flow of people to Hong Kong. She further pointed out that association members unanimously agree that during the five-day Gold week, only the first two days had better retail performance, while business has significantly dropped after the third day. The current time available for the industry to 'make calculations' is not long, so it still remains.
HYSAN DEV was subject to a Shareholding reduction of 0.823 million shares by Silchester International Investors LLP.
According to the latest information from the Hong Kong Stock Exchange, on April 30, Silchester International Investors LLP reduced its shareholding in HYSAN DEV (00014) by 0.823 million shares, at a price of HKD 12.637 per share, totaling approximately HKD 10.4003 million. After the reduction, the latest number of shares held is 71.534 million, with a latest shareholding ratio of 6.97 percent.