Commercial Property
Hong Kong office market generates overall net take-up of only 318,700 in 1H14
But it’s an improvement from 2013 overall.
Hong Kong office market generates overall net take-up of only 318,700 in 1H14
But it’s an improvement from 2013 overall.
Tenders for Tin Shui Wai sites gets frosty reception
Only four bids for each site.
Tenant mix in Asia's supertall office buildings similar to Downtown Manhattan
Banking and financial services gets large chunk.
Hong Kong is city with most supertall office buildings
China has lots of tall office buildings.
Asia now home to 55% of total number of tall office buildings globally
Despite relatively recent development.
Outsourcing trend by companies underlined demand for warehousing space in Q2
This caused vacancy rates to remain low.
Central strongest performing Hong Kong office property submarket in Q2
Thanks to the banking and finance sector.
Overall vacancy in Hong Kong industrial market dips to 0.4% in Q2
While rents remained on the rise.
CITIC Pacific agrees to buy main assets of CITIC Group in US$44.5 billion mega deal
Surpassing the biggest-ever Asia Pacific acquisition.
Citi splurges $5.43b on One Bay East - East Tower
Beating a previous largest en-bloc office transaction record.
Buyers' clamour for brand new Grade A office buildings spark demand in non-core areas
Kowloon Bay could be in for a demand surprise.
Hong Kong again hailed as Asia’s most expensive office market
It’s the only Asian location to exceed $200 per sq. ft. per year.
Lantau development strategy under way
Proposals were being explored.
CCL dropped 4.4% since March
Luxury property prices continue to ease.
Industrial market sales decline by 79% yoy
But there were also large transactions.
Warehouse rents rise by unremarkable 2.8% in Q1
Growth was seen in peripheral areas.
Cheung Kong City Point units estimated at HK$10,236psf
Pricing for first 350 units was released.
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