Commercial Property
New office lettings crashed 30% in March
New office lettings crashed 30% in March
Net take-up fell into negative territory at 95,700 sqft.
Here's why Chinese developers are on a buying spree of old buildings
Compulsory sale applications from Chinese developers surged 160% YoY to 39 applications.
Commercial real estate investment jumped 40% to $204.09b in 2018
Strong office investments offset sluggish retail and industrial investment volumes.
Hong Kong has the world's lowest prime logistics yield
The country’s prime yield stood at 3.4%, down 30 bps from 2017.
Check out Hong Kong's first co-working tower by Spaces
The building consists of 130 private offices and 800 workstations.
Spaces unveils sleek 20-storey co-working hub
A pristine view of Victoria Harbour can be viewed at its top floor.
Flexible workspace operator theDesk unveils group medical insurance plan
The plan is expected to benefit the 500 individuals who work from itslocations in Sai Wan and Causeway Bay.
Hong Kong unveils 2019 Land Sales Programme
It will provide around 8,850 flats.
LF Logistics bags Technology Excellence Award for e-Commerce – Logistics
A true testament to its speed, the company handled 8 million orders and 11.32 million units during China’s “Single’s Day” in 2018.
Hong Kong is catching up with other APAC markets to embrace sustainability
Governments around the world are putting policies in place to curb carbon emissions in line with the Paris Agreement on climate change. With a...
Compulsory sale applications from Chinese developers surged 160% in 2018
Hong Kong’s older buildings are in for a revamp.
Hong Kong beats US and UK as preferred destination for Chinese property investment in 2018
The SAR snapped up 61% of investment volume for a record US$9.53b.
Securities regulator joins the fray fleeing Central's pricey office market
The SFC will move to One Island East in 2020 to cut rental costs.
Grade A office vacancy rate rose to 4.4% in January
Vacancy rates in Central and Kowloon East hit 2.3% and 10.3%.
Investors pool cash into data centres and co-living as alternative assets shine
The protracted trade dispute has dimmed outlook for traditional real estate.
Warehouse rents to rise 5% in 2019 as trade tensions bite
This would follow a 2.8% annual increase in 2018, the sharpest rise in four years.
Grade A office rental growth hits 6.7% in 2018
However, the outlook into 2019 looks increasingly dim.