Colliers
Colliers is a leading diversified professional services and investment management company. With operations in 62 countries,17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients.
See below for the Latest Colliers News, Analysis, Profit Results, Share Price Information, and Commentary.
2023 sets the record for most failed bids in Hong Kong’s land supply history
Six of the nine tenders this year were unsuccessful.
Navigating challenges and seizing opportunities in Hong Kong’s self-storage sector
Hong Kong’s self-storage business evolved in four distinct stages. It first emerged in the mid-1990s when the concept was introduced from the US. The second stage saw rapid expansion, driven by rising demand due to the decreasing size of Hong Kong homes.
Hong Kong cap rates increase in Q3
The gross yield of commercial properties in Hong Kong ranges from 2.85%-4.60%.
Relaxation of property cooling measures a ‘band-aid solution’ - expert
The government has reduced Buyer’s Stamp Duty to 7.5%, amongst others.
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.
HK lands 4th in world's leading global capital markets ranking
The market's cross-border capital investments reached US$6.5b in 1H23.
Property market slump boosts occupiers’ and home buyers’ bargaining power
Real estate agents said tenants ask for up to 30% discount when renewing office leases.
ESG compliant workspaces fuel talent attraction
A Colliers expert tells occupiers to put ESG at the forefront when assessing location strategies.
More hotels pivot to co-living for better margins, stable cash flow
From 2020 to 1Q23, around 6 to 7 hotels have been acquired for conversion to co-living spaces.
IT firms most likely to pursue office expansion in the next two years
More than half (56%) of IT firms plan to expand.
Hong Kong’s most notable real estate agents under 40
Majority of agents in the list are experts on the office market.
Hong Kong’s shifting office trends embrace flexibility and collaboration
As the office leasing dynamics evolve in Hong Kong, ESG considerations also influence tenant choices, say Colliers experts.
Golden Wheel Plaza up for sale via public tender
The tender for the 25-storey building will end on 31 October at 12 noon.
KONNECT at 303 Jaffe Road up for sale via expression of interest
Current average rent in the building is around $40 per square foot.
Diversification to shape real estate investments in 2024
An expert said capital will cascade into “alternative” sectors next year.
Hong Kong leads optimistic growth amid talent challenges
Abhishek Bajaj discusses Colliers report on how occupiers can overcome talent shortage by embracing ESG, technology, and smart real estate strategies.
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