A 12-square-meter shop located at the center of Causeway Bay in Hong Kong sold for over $23 million (A$25.56 million), surpassing the previous record of the most expensive retail store sold.
Breaking News
Ontario, Canada-based smartphone pioneer BlackBerry sold its Riverside Commons office campus in Las Colinas, Texas to Canadian investor Brookfield Property Group for an undisclosed amount.
Smartphone pioneer BlackBerry Ltd announced its intention to divest most of its real estate holdings in Canada through sale-leaseback and vacant asset sales in an effort to turnaround its fortunes.
A rising demand for property in Europe has led to a race for acquisitions, fueling rising demand and concerns of a new bubble, the Financial Times reported.
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