Commercial Property
China Overseas Grand Oceans unveils group turnovers of HKD1,780m and HKD12,067m
Along with respective operating profits.
Office market overall rental growth turns red for first time since 4Q14
Tenants are putting pressure on rental growth.
Warehouse rents dipped 1.2%
No thanks to slowing demand.
Sino Land, Kwok JV gets Wong Chuk Hang commercial site for HKD2.53b
A price higher than market expectations.
Henderson Land's Park One project price for additional flats increases 4%
There will be additional 22 flats.
Shanghai banking regulators call for tighter lending
Particularly to real estate developers.
Industrial demand in Q3 spurred by tenants forced to move
And total exports grew slightly.
Office market overall net absorption hits 175,000 sq. ft. in Q3
Reversing Q2's -335,000 sq. ft.
End-users drive Hong Kong's commercial real estate investment
Chinese companies are snapping up quality office assets.
Big financial firms' unstoppable downsizing to hurt office leasing demand
Medium-sized companies take up spaces left by multinationals.
Hong Kong's real estate stocks outperform Hang Seng Index
Stocks have rallied by 30%.
Swire Properties' rental income from local portfolio dipped by 3.7%
Tenants' retail sales were also weak.
Developers' aggressive marketing moves push property prices to stabilise
The offered discounts as much as 20%.
Hong Kong Grade A office rents predicted to jump 12%
Blame it on growth in high-value service sectors.
Warehouse vacancy inches up to 4.4% in H1
Market occupiers also continue to be cautious.
Hong Kong's property investment plummets by 52%
Average deal size is alarmingly shrinking.
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