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.
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 returns to top 10 cities for cross-border real estate investment: CBRE
Hong Kong dropped out of the list 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.