{"id":168673,"date":"2026-01-02T13:52:02","date_gmt":"2026-01-02T06:52:02","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cityu-joins-ranks-of-schools-snapping-up-hong-kong-offices-with-festival-walk-buy\/"},"modified":"2026-01-02T17:01:55","modified_gmt":"2026-01-02T10:01:55","slug":"cityu-joins-ranks-of-schools-snapping-up-hong-kong-offices-with-festival-walk-buy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cityu-joins-ranks-of-schools-snapping-up-hong-kong-offices-with-festival-walk-buy\/","title":{"rendered":"CityU joins ranks of schools snapping up Hong Kong offices with Festival Walk buy"},"content":{"rendered":"


\nCity University of Hong Kong has bought an office property in Kowloon for HK$1.96 billion (US$252 million), joining a growing list of educational institutions buying office assets amid depressed prices as the city\u2019s office market shows early signs of stabilising.
\nCityU Limited, a wholly owned subsidiary of the university, acquired the low-rise office block at Festival Walk in Kowloon Tong from Singapore-based Mapletree Pan Asia Commercial Trust. The agreement was signed on December 10, and the…
\n
\nSource : South China Morning Post
\nRead more…CityU joins ranks of schools snapping up Hong Kong offices with Festival Walk buy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

City University of Hong Kong has bought an office property in Kowloon for HK$1.96 billion...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-168673","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-HSx","jetpack-related-posts":[{"id":98227,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/883-hong-kong-apartments-to-go-on-sale-this-mid-autumn-festival\/","url_meta":{"origin":168673,"position":0},"title":"883 Hong Kong apartments to go on sale this Mid-Autumn Festival","date":"September 20, 2018","format":false,"excerpt":"\r About 883 apartments will go up for sale in Hong Kong, the world\u2019s least affordable housing market, during the three-day Mid-Autumn Festival period this year. Sun Hung Kai Properties, the city\u2019s biggest developer by market value, will put 32 units at its Cullinan West II development in western Kowloon\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/looking-for-a-flat-for-under-hk10000m-on-hong-kong-island-or-kowloon-no-chance-says-leading-agency\/","url_meta":{"origin":168673,"position":1},"title":"Looking for a flat for under HK$10,000\/m on Hong Kong Island or Kowloon? \u2018No chance,\u2019 says leading agency","date":"October 10, 2017","format":false,"excerpt":"\r Flats to rent under HK$10,000 (US$1,281) per month have almost vanished from the urban area of Hong Kong \u2013 the most expensive housing market in the world, according to latest research by Centaline Property Agency. Urban areas refer to Hong Kong Island and Kowloon, however subdivided flats are not\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170482,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ubs-move-to-west-kowloon-reshapes-demand-in-hong-kong-office-market\/","url_meta":{"origin":168673,"position":2},"title":"UBS move to West Kowloon reshapes demand in Hong Kong office market","date":"February 3, 2026","format":false,"excerpt":"\r As UBS consolidates its Hong Kong operations in West Kowloon to deepen mainland-linked growth, it does so at a time when Hong Kong\u2019s office market is showing tentative signs of recovery in prime districts such as Central. The consolidation is set to release office space in Central, contributing to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-government-departments-take-advantage-of-falling-rents-to-lease-more-office-space-in-kowloon\/","url_meta":{"origin":168673,"position":3},"title":"Hong Kong government departments take advantage of falling rents to lease more office space in Kowloon","date":"July 2, 2021","format":false,"excerpt":"\r The Hong Kong government is taking advantage of the drop in office rents to seek additional space for some departments, joining private companies looking to expand amid an improving economy.The Transport Department recently signed a lease for a huge office space in Kowloon, while the Lands Department is in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162429,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-offer-kowloon-site-for-tender-amid-focus-on-northern-metropolis\/","url_meta":{"origin":168673,"position":4},"title":"Hong Kong to offer Kowloon site for tender amid focus on Northern Metropolis","date":"October 9, 2025","format":false,"excerpt":"\r The Hong Kong government will launch a single residential site in Kowloon for tender in its third financial quarter, as authorities focus on the Northern Metropolis to launch new land sales as soon as the end of this year. A plot measuring 40,902 sq ft at Choi Hing Road,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143048,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-snap-up-uptown-east-flats-worth-us179-million-in-kowloon-bay-as-market-rebounds-after-curbs-removal\/","url_meta":{"origin":168673,"position":5},"title":"Hong Kong homebuyers snap up Uptown East flats worth US$179 million in Kowloon Bay, as market rebounds after curbs removal","date":"March 17, 2024","format":false,"excerpt":"\r Some 238 of the 336 units available in the first batch at Uptown East in Kowloon Bay, worth about US$179 million, found buyers as of 6pm on Sunday, in a sign that the removal of all market-cooling measures has revived demand in Hong Kong.\r \r Source : South China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/168673"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=168673"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/168673\/revisions"}],"predecessor-version":[{"id":168674,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/168673\/revisions\/168674"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=168673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=168673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=168673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}