Commercial Property
Hong Kong now has world’s most expensive office space
Hong Kong now has world’s most expensive office space
It tops the world for the costliest business spaces displacing London.
Government approves Sheung Shui residential developments
The Lands Department has issued a pre-sale consent involving 235 units in residential development in Sheung Shui in the New Territories to be...
Relentless business rent rise to abate this year
Yes, it’s possible for business rents in the most rent-expensive country in the world to become somewhat cheaper.
Swire Properties Announces New Brickell CitiCentre Project in Miami
The Company plans to begin construction by the second quarter of 2012.
Sino Harbour Property profit up 17.3% to $13.03mn
Through delivery of a gross floor area of approximately 43,600 sq m. revenue soared by 19.7% to $49.67mn.
CapitaMalls Asia profit up 8.1% to HK$2.8mn
2012 will be inflection point for CapitaMalls Asia with more than 50.0% of its malls in China operational.
Global prime office rents rose for the 8th consecutive quarter in 4Q11
And rental growth in AsiaPac markets have decelerated from 2.5% in Q3 to just 0.9% in Q4.
Hong Kong rents keep falling and falling
Cheaper rents have become one of the few upsides to the dour economic climate besetting Hong Kong.
What you need to know about Zchron
Zchron’s Nison Chan, chairman of the group and chief designer, said, “Our clients, who include the top companies and high-net-worth individuals in...
Strong brake on Chinese property investment: OCBC
But will it reach abysmal single-digit growth in 2012?
Firms betting big on Shanghai commercial property
Even residential developers like Yanlord are padding their office and retail portfolios, says Colliers.
Tseung Kwan O site awarded to Fortune Precision
It’s on a 50-year land grant at a premium of $1.86 billion.
Colliers International Korea and RDN join forces
Partnership integrates the resources and network of both companies and brings extended service offerings.
Central rents to fall 14% in 2012, says analyst
The downturn is unlikely to be anywhere near as severe as in the late-1990s, according to HSBC.
Property transactions nosedive to 5-year low
Transactions plunged by more than a third last year while prices remained stubbornly out of reach.
HK Int’l Airport races to keep up with boom in passenger traffic
Hong Kong’s Board of Airport Authority recommends the construction of a third runway at the airport to accommodate the surge in passenger traffic.
Lull in China’s economy to hurt HK’s commercial property sector
With 35% of Hong Kong’s total retail sales coming from mainland Chinese visitors, the city-state is bound to suffer if China’s economic woes continue...