Commercial Property

Societe Generale pars a floor in Hong Kong office space

The French bank joins DBS in relinquishing office spaces due to growing prices in Hong Kong.

Societe Generale pars a floor in Hong Kong office space

The French bank joins DBS in relinquishing office spaces due to growing prices in Hong Kong.

New pilot scheme to spur industrial investment: CBRE

The firm said $4.1b worth of investments were made in the first quarter of the year alone.

HK commercial property showing signs of recovering from 'record depression'

Commercial property rents are getting closer to a trough.

Savills named top broker in China, Hong Kong markets

It has a market share of 30% and 53% in China and Hong Kong, respectively.

Cushman & Wakefield emerges as top investment broker in Mainland China

This is the third consecutive year that Cushman & Wakefield topped the category.

CBRE appointed as sole agent for industrial property portfolio sale

Industrial assets are highly sought by investors amidst the sector's strong performance.

Sansheng Holdings' profit rose 19-fold in 2020 as property sales surged

The company has attributed this to the 257% increase recorded in property revenue.

Decline in Grade-A office rents persisted in February

It was the 21st consecutive month that the overall office rent saw a decrease, JLL said.

Hongkong Land recovers with China project completions: report

Unrecognised sales in China increased by 39% as of end-2020.

Wharf profit up by 14% in 2020

Recovery in the second half of the year reversed the negative growth in the first.

Sunlight REIT, Dah Sing Bank launch Dah Sing Financial Centre

The new office will serve as the Dah Sing Bank’s flagship branch.

Standard rate for industrial building redevelopment starts mid-March

The rates range from $20,000-$130,000 per square metre, depending on the region and use.

Wharf REIC net profits drops 24%

Its occupancy rates in its Hong Kong and Singapore properties remained high due to steady demand.

Gov't approves land exchange for harbourfront dev't project

The harbourfront project will replace the original plan to construct a 25-storey industrial building.

Powerlong Real Estate profit up 46.5% in 2020

The real estate firm’s profit amounted to $10.5b (RMB8.81b) in 2020, whilst its contracted sales amounted to $97.8b (RMB 81.55b).

Wing Tai, Champion REIT enter JV to buy London office

The acquisition of the office building at 66 Shoe Lane costs $2.76b or £255.

Land supply shortage to persist up to three years: JLL

The 2021 New Land Sale Programme shows difficulties in generating new supply.