Commercial Property
Investors abandon HK's office sector in Q122: report
Investors abandon HK's office sector in Q122: report
Office has been overtaken by other core sectors in terms of investment volume.
SCPG to acquire 50% interest of CITIC Capital’s Changsha mall
The two firms signed an agreement for the acquisition.
Fifth wave delays recovery of HK’s commercial property market
Amongst the hardest hit was retail, recording a 6.8% QoQ drop in high street shop rents.
It may take a longer time before things get better for the...
Hong Kong investment market to recover in H2: Colliers
This is on the back of sustained investor interest for quality assets.
Retail podium in Tai Kok Tsui worth around $120m up for sale
It will be sold via public tender.
Hong Kong hotel market most sought-after by investors: CBRE
Investors are converting hotel assets into co-living spaces.
Office market logs positive net absorption at 56,200 in March
This stemmed from maintenance in tenant demand.
Unobstructed Seaview Mega Site at Quarry Bay on sale
The site is on sale until 7 July at 12 noon.
Rents for overall prime street shops down by 4.3% in Q4 2021
Rents for major shopping centres also fell by 4.3%.
Total property investment volume down 46% in Q1 2022: Colliers
Industrial and retail sectors saw the highest investment volume.
Hong Kong tops priciest office fit-out markets in Greater China for third consecutive year
The average cost of an office fit-out in Hong Kong was at $1,081.61.
Which commercial real estate segment was the hardest hit by the fifth wave?
The fifth wave has significantly slowed down the property market in Q122.
Is the retail property market on its way to redemption?
In January, retail sales value jumped 4.1%YoY to $33.9b.
Outbound real estate investment grows 60% to $52.42b
Hong Kong was second in Asian outbound real estate investment rebounds in 2021.
Six Hong Kong securities firms rated as credit negative due to China’s property stress
Despite this, strong parent support and low leverage are expected to mitigate its potential impact.
72.53% undivided shares in Chuan Kei Factory Building on sale for HK$700m
The industrial building in Kwai Ching will be sold on an “as-is” basis.