Commercial Property
Recovery in property market likely to remain uneven in H2
The Grade A office market is seen to record a net withdrawal in the second half.
Recovery in property market likely to remain uneven in H2
The Grade A office market is seen to record a net withdrawal in the second half.
Gov’t pushes for tenancy control measures
If passed within the legislative session, it will likely be in effect by late 2021 or early 2022.
High-street shops in HK see 'strongest' rental growth since 2013
Rents rose 1.2% quarter-on-quarter in the second quarter of the year.
Which real estate sectors will benefit most from HK’s recovery?
CBRE reported office and retail sectors are likely to be the biggest gainers.
Aoyuan’s contracted sales up 33% to US$10.4b in H1
The gross floor area sold is approximately 5.96 million square metres.
Swire Pacific sets net zero carbon emissions target by 2050
The company wants to reduce by 50% its greenhouse gas emissions by 2030.
Far East Consortium sees recovery after 48.5% profit rise
The group recorded a profit of $543m in 2021.
Grade A office market sees positive net absorption in May
This is the first time since July 2019, JLL said.
Emperor International suffers $767.4m loss
Its subsidiary, Emperor Entertainment Hotel, likewise recorded a loss in the year ending March 2021.
Why R&D labs in Hong Kong are scarce
The demand for medical office buildings in Hong Kong is high, but hard to get.
South China Assets records $3.28m loss in Q1
This is an improvement from the $7.1m loss in the same quarter last year.
Commercial property sales rise to US$1.4b as investment deals pick up
This is a 28% increase compared to the same quarter last year.
China-based property management firm New Hope launches $940m IPO
The IPO is set to debut on the Hong Kong Exchange on 25 May.
Hongkong Land “uncertain” over COVID-19's full-year impact
The property firm has yet to determine how the prolonged pandemic will affect its performance.
At least 100 buildings in Hong Kong in danger of depreciating value: JLL
These buildings need significant upgrading to remain relevant and attractive to their tenants.
Mortgage loans leapt to $53b in March
Banks received nearly 18,000 applications during the month.
F&B operators driving up rents in non-core retail areas
About half of 65 deals done by Savills were situated in non-core areas.