Commercial Property
Commercial property sales volume fell 70% in Q2
This comes as economic recession and local political turmoil weighed on buyers’ decisions.
Commercial property sales volume fell 70% in Q2
This comes as economic recession and local political turmoil weighed on buyers’ decisions.
Commercial property investments plunged 71% in H1
This marks the lowest for a six-month period since 2009.
Foreign firms give up office spaces in Hong Kong
Foreign companies make up 61% of the total surrender of office stock in Q2.
Structural changes underway for Hong Kong's retail sector
Landlords are still reluctant to substantially cut rents.
Property sale and purchase deals down 24.7% in H1
The total consideration for these agreements also dipped 8.8% to $269.02b.
ESR, APG, CPP Investments to establish largest logistics real estate platform in APAC
Joint investments of US$1b will be made by APG, CPP Investments, and ESR.
Nan Fung Group to turn Kai Tak site into commercial area for $32b
The 47-storey development building is slated to be the tallest CBD 2.0 building.
Check out CBRE's two new offices in Hong Kong
Both offices have state-of-the-art facilities and modern working environments.
Link REIT secures $1b sustainability-linked loan from OCBC
It is its first sustainability-linked loan transaction in the Hong Kong dollar.
Wing Tai Properties preempts losses for H1
But the company assured that its cash flow remains sound.
Office leasing demand still slow despite stabilising environment
Rents across all major submarkets slipped 3% MoM.
Hong Kong's land tender fails to sell in property market setback
All four offers on the former Kai Tak airport site failed to meet the reserve price.
Over 3,850 applications approved for property management sector subsidy
This will involve more than $140m and benefit 22,000 building blocks.
Rental decline in commercial properties seen in Q1
Grade A office leasing net absorption at its weakest since 2002. The rental declines in warehouse, grade A offices, and retail properties accelerated...
Office market end users hold back investments due to COVID-19 outbreak
General market declined by 4.1% whilst commercial volumes fell.
Hong Kong ranks 8th amongst favoured cities for cross-border investment
Around 75% of investors have retained appetite towards real estate.
Office net absorption slumps to 189,300 sqft in February
Rents in Central also contracted by 3.2% MoM to $116.1 psf.
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