Commercial Property
LF Logistics bags Technology Excellence Award for e-Commerce – Logistics
A true testament to its speed, the company handled 8 million orders and 11.32 million units during China’s “Single’s Day” in 2018.
LF Logistics bags Technology Excellence Award for e-Commerce – Logistics
A true testament to its speed, the company handled 8 million orders and 11.32 million units during China’s “Single’s Day” in 2018.
Hong Kong is catching up with other APAC markets to embrace sustainability
Governments around the world are putting policies in place to curb carbon emissions in line with the Paris Agreement on climate change. With a...
Compulsory sale applications from Chinese developers surged 160% in 2018
Hong Kong’s older buildings are in for a revamp.
Hong Kong beats US and UK as preferred destination for Chinese property investment in 2018
The SAR snapped up 61% of investment volume for a record US$9.53b.
Securities regulator joins the fray fleeing Central's pricey office market
The SFC will move to One Island East in 2020 to cut rental costs.
Grade A office vacancy rate rose to 4.4% in January
Vacancy rates in Central and Kowloon East hit 2.3% and 10.3%.
Investors pool cash into data centres and co-living as alternative assets shine
The protracted trade dispute has dimmed outlook for traditional real estate.
Warehouse rents to rise 5% in 2019 as trade tensions bite
This would follow a 2.8% annual increase in 2018, the sharpest rise in four years.
Grade A office rental growth hits 6.7% in 2018
However, the outlook into 2019 looks increasingly dim.
Can data centres prop up Hong Kong's slowing industrial sector?
Undaunted by trade jitters, operators are actively expanding in Tseung Kwan O.
Office vacancy rates let up to 4.2% in December
Vacancies in Central rose to 1.8% from 1.5% in November.
Higher Central office supply looms as Chinese tenants pull out
Occupiers in the financial sector have also been exiting.
Tung Chung set to rise amidst intensified Lantau infrastructure drive
New extensions will boost its population to over 268,000.
Commercial investment market spirals downward as office and prime street shops take heavy hit
Office rents will slow to 2-4% growth in 2019 from 8-10% expansion in the previous year.
2.5 million sqft of retail space to be completed in 2019
Healthcare and cosmetics firms will drive leasing growth.
Grade A office rents may drop 5% in 2019
Capital controls and RMB depreciations will continue to hamper growth.
Hang Seng Bank unveiled new digital floor at head office
It aims to encourage collaboration amongst its 2,400 employees with communal areas and flexible workstations.