Commercial Property
Office property market to recover despite high vacancy rates
Office property market to recover despite high vacancy rates
Analysts expect it to enter the last phase of its down-cycle.
Architects to remodel Hong Kong into a greener, more future-ready city
Highly integrated design and infrastructure that will further link Hong Kong into the Greater Bay Area are expected in the next year.
SIUD profit falls 41.6% YoY to $207.2m in H1 2021
This is despite a 44.3% YoY increase in revenues during the period.
Fundraising issues cloud growth prospects in property investment
Investors are now facing challenges in sourcing funds despite growth in capital seen in the past year.
KWIH records $780m profit in H1
Its underlying profit dropped to $490m.
Henderson Land Development profit up to $6.61b in H1
This is much higher than $2.85b in the same period in 2020.
SG, HK office rental premium gap down to 108%: Cushman & Wakefield
This is coming from a 135% gap in 2015 and a peak of 173% in 2017.
Sansheng Holdings soars threefold to US$96.42m in H1
This is up from RMB159.2m (US$24.5m) in the first half of 2020.
Kerry Properties profit rose 251% YoY to $3.77b in H1 2021
Its contracted sales reached $8.19b, which is 61% of its sales target for the year.
CMC REIT income up 19.1% to US$15.03b in H1
This is higher compared to RMB81.9m (US$12.61b) in the same period last year.
Swire Properties profit soars over 90% to $1.98b in H1
This is up from $1.02b in the same period last year.
Hong Kong’s property investments recover but still below pre-COVID level
Real estate investment volume climbed 79% in the second quarter.
Hysan profit rebounds to $517m in H1 after 2020 loss
The Group recorded a $2.62b loss in the same period last year.
Hong Kong property investments soar 95% in H1
Investment volume in APAC commercial properties reach US$83.5b in the same period.
CK Asset profit rises $8.35b in H1
This is up from $6.36b in the same period last year.
ESR acquisition of ARA to make it largest real asset manager in APAC
ESR Cayman Limited is set to acquire ARA Asset Management for US$5.2b.
CK Infrastructure profit climbs 5% to $3.01b in H1
This was mainly due to the increase in corporate tax in the UK.