Commercial Property
Link REIT's 6-month net property income rises 10.4%
The addition of Singapore retail assets to the REIT's portfolio helped boost its NPI.
Link REIT's 6-month net property income rises 10.4%
The addition of Singapore retail assets to the REIT's portfolio helped boost its NPI.
Commercial property investment volume rises 44% YoY to US$1b in 3Q23
Year-to-date, however, volume fell by 7% YoY to US$5b.
Hong Kong cap rates increase in Q3
The gross yield of commercial properties in Hong Kong ranges from 2.85%-4.60%.
Hong Kong faces 68% demand-supply deficit for sustainable workplaces: JLL
APAC must accelerate retrofitting of buildings to meet this demand.
Gov't eases property cooling measures
The adjustments include a reduction of the buyer's stamp duty to 7.5%.
Revival yet to come for Hong Kong’s real estate market
Only the retail market has demonstrated resilience, with high-street shop rents rising by 2.1% QoQ.
ifc mall attains certification from the US Green Building Council
The establishment is the first mall to receive such recognition in Hong Kong.
Grade A office leasing volume grew 32% in Q3
It was at par with Q1 2023.
Evergrande seeks to resume trading on HKEX
Trading of Evergrande's shares has been suspended since 28 September.
ONE SOHO Commercial Accommodation for sale for $400m
The sale is via public tender.
Evergrande halts trading after chairman falls under investigation
Hui Ka Yan is under investigation over suspected “illegal crimes.”
Nan Fung Group's AIRSIDE mall in Kai Tak opens
The new shopping mall spans 700,000 sq. ft.
CBRE secures lease for 17,000 sq. ft. with Edrington
CBRE said it strategically capitalised on the market conditions.
Retail investment momentum picks up in August
The improvement was most noticeable in Causeway Bay where a building was sold for $300m.
Rate of office vacancy stables in August after four-month high
Rents will remain under pressure amidst low demand and high supply.
Evergrande Group postpones offshore debt restructuring
As a result, it also called off the meeting linked to the proposed restructuring.
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