Commercial Property

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.

Hong Kong hotel market most sought-after by investors: CBRE 

Investors are converting hotel assets into co-living spaces.

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.

6 trends that will transform HK’s commercial real estate market in 2022

Leading this transformation is the focus on ESG-related compliance of companies.

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.