Commercial Property
Hang Lung Properties profit rebounds to $2.2b in H1 2021
Hang Lung Properties profit rebounds to $2.2b in H1 2021
This is compared to a net loss of $2.53b in the same period last year.
Easing travel between HK-Macau may boost property sector
This could also drive the tourist and business sector in Macau.
China Properties profit rebounds to $36.17m in 2021
This followed a net loss of $92.5m in 2020.
New Century REIT suffers US$2.5m in H1
The company recorded a US$1.07m loss in the same period last year.
Swire Properties, Jing’an partner to revitalise Shanghai district
The Zhangyuan district in the city will be turned into an international cultural and commercial landmark.
Henderson project poised to be an icon of Central: JLL
The new project will be the newest large floor plate building in Central in 18 years.
Central Grade A office market likely to pick up further in H2
This is thanks to rents that are expected to drop in the next 12 months.
CRE investment in H1 rose 97% YoY: Cushman & Wakefield
A total of 89 deals were recorded during the period and is expected to reach 200 by year-end.
Recovery in property market likely to remain uneven in H2
The Grade A office market is seen to record a net withdrawal in the second half.
Gov’t pushes for tenancy control measures
If passed within the legislative session, it will likely be in effect by late 2021 or early 2022.
High-street shops in HK see 'strongest' rental growth since 2013
Rents rose 1.2% quarter-on-quarter in the second quarter of the year.
Which real estate sectors will benefit most from HK’s recovery?
CBRE reported office and retail sectors are likely to be the biggest gainers.
Aoyuan’s contracted sales up 33% to US$10.4b in H1
The gross floor area sold is approximately 5.96 million square metres.
Swire Pacific sets net zero carbon emissions target by 2050
The company wants to reduce by 50% its greenhouse gas emissions by 2030.
Far East Consortium sees recovery after 48.5% profit rise
The group recorded a profit of $543m in 2021.
Grade A office market sees positive net absorption in May
This is the first time since July 2019, JLL said.
Emperor International suffers $767.4m loss
Its subsidiary, Emperor Entertainment Hotel, likewise recorded a loss in the year ending March 2021.
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