Commercial Property
Tycoons cash in on strata office market as deals hit US$3.8b in H1
Tycoons cash in on strata office market as deals hit US$3.8b in H1
The deal volume already beat the full-year record from 2017.
Co-working space operator closes west Kowloon landmark leasing deal
Campfire Collaborative Spaces leased three floors of Harbourfront Landmark building.
Will investors embrace lower grade offices as price gap widens?
The gap in central for Grade A and B offices is at least $15,000.
16 building plans approved in June
Apartment developments dominated last month’s construction plans.
Hong Kong Island office decentralisation gains ground in July
Tenants, however, still prefer being as close to the CBD as possible.
Can the luxury property market pick up in the second half of the year?
Primary sales volume have crashed after the 2016 peak due to the absence of large-scale launches.
Third-party logistics players ramp up expansion plans despite trade jitters
ATC Air Service and AK Logistics grew their Kwai Chung footholds in July.
Office vacancy rates tighten to 3.9% in July
Hong Kong East dislodged Central as the district with the lowest vacancy rate at 1.4%.
Yau Tong site sold for $3.3b
It was awarded to Ace Alliance Development Limited.
Coworking operator UCommune eyes Hong Kong IPO to outbid US rival
It’s also planning to raise around US$200m in its series D round.
Office rents extend climb after rising 2.4% in Q2
Wanchai/Causeway Bay dethroned Central as rental growth driver.
Mainland firms are not letting up on Hong Kong's office market in Q2
They committed to 300,000 sqft in the first half of the year alone.
Hong Kong beats US and UK as top destination for Chinese property capital
Transaction volume surged 155% to US$3.4b in April-June.
Trade tensions could slash H2 commercial and industrial property deals by 12%
Mid-range industrial units worth $10m to $10m are likely casualties.
Landing International Development's $1.5b casino project greenlit
It will be built in Entertainment City, Manila.
Investment returns in Hong Kong offices plunge to thirty year low
It’s the only major market where returns are lower than a 10-year US Treasury Bond.
Fanling site sold for $732.9m
It was awarded to Macro Topper Limited.
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