Commercial Property
Mid-range brands supported leasing demand for prime warehouse space in 4Q15
Mid-range brands supported leasing demand for prime warehouse space in 4Q15
As part of their logistic operations relocations.
Weaker leasing demand for warehouse space projected in 2016
Slowing economy is one factor.
Hong Kong real estate transaction volumes surged 66% YoY in 2015 to US$12 billion
China was also a standout performer.
Prime high street shop rents to decrease 10% in 2016
A downward market trend is expected.
E-commerce boom spurs demand for warehouse premises
While cargo-lift-access warehouses rentals expected to be resilient.
Central and Admiralty office rents projected to trump other districts
Due to increasing mainland corporates.
Investment activity for industrial buildings with revitalisation potential ends in 2016
Along with government scheme expiration.
Investment volume in Hong Kong bounced back in 4Q15
Previous three quarters were silent.
Mid-market retailers to re-establish in prime locations in 2016
They are retail spaces' main demand drivers.
Hong Kong's retail market failed to improve in 4Q15
4Q usually a year's most upbeat period.
Hong Kong professionals point to meeting rooms as offices' "weakest link"
36% are dropping complaints.
Central records highest office rental growth in 2015
No new supply in next four years virtually.
NWD takes on privatising NWCL once more
What's different this time around?
Transaction volume of commercial property in 2015 reaches HK$93.3 billion
This is the highest since 2012.
Warehouse rents in industrial market declined 0.3 q-o-q
While overall leasing momentum slowed.
Rental decline of retail shops slows in 4Q15 to 2% q-o-q
While lease surrenders eased temporarily.
Overall vacancy in office market edges down to 3.1% in 4Q15
It's the second-lowest ever recorded.
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