Commercial Property

Rents for overall prime street shops down by 4.3% in Q4 2021

Rents for major shopping centres also fell by 4.3%.

Rents for overall prime street shops down by 4.3% in Q4 2021

Rents for major shopping centres also fell by 4.3%.

Total property investment volume down 46% in Q1 2022: Colliers

Industrial and retail sectors saw the highest investment volume.

Hong Kong tops priciest office fit-out markets in Greater China for third consecutive year

The average cost of an office fit-out in Hong Kong was at $1,081.61.

Which commercial real estate segment was the hardest hit by the fifth wave?

The fifth wave has significantly slowed down the property market in Q122.

Is the retail property market on its way to redemption?

In January, retail sales value jumped 4.1%YoY to $33.9b.

Outbound real estate investment grows 60% to $52.42b

Hong Kong was second in Asian outbound real estate investment rebounds in 2021.

6 trends that will transform HK’s commercial real estate market in 2022

Leading this transformation is the focus on ESG-related compliance of companies.

Six Hong Kong securities firms rated as credit negative due to China’s property stress

Despite this, strong parent support and low leverage are expected to mitigate its potential impact. 

72.53% undivided shares in Chuan Kei Factory Building on sale for HK$700m

The industrial building in Kwai Ching will be sold on an “as-is” basis.

Bill on rental moratorium may pressure tenants, landlords: CBRE

The proposed law will pose potential cash flow issues.

Grade A office rents vacancy rates down 0.2% to 9.4% for January

This continues a four-month streak of positive net absorption. 

Office real estate falls to all-time low in 2021: RCA

Office property investment in Hong Kong only brought in $2.3b in 2021.

HK property market ‘on the cusp of full recovery’ in 2022

Thanks to the strengthened demand in the retail and industrial property sectors, analysts say.

Growth expected for retail, industrial leasing in 2022: CBRE

But the potential spread of the highly transmissible Omicron variant poses uncertainty to the market.

Property sales dip 6.8% YoY in December

Total agreements recorded for the month were only at 7,076.

Property market on ‘cusp of full recovery’ in 2022: JLL

Across submarkets, retail will have the strongest growth next year.