Hong Kong

Causeway Bay vacancy hit single-digits for the first time since Q1 2020.

The completion of a new logistics centre in Tuen Mun contributed to this.

He has 25 years of experience in the financial industry.

A total of 20 transactions were accounted for during the period.

Q3 saw an additional 1.8 million sq. ft. of new office space.

They assessed the venture capital fund’s capabilities.   The Innovation & Technology Venture Fund has five new co-investment partners after scrutinising 15 applications, the government announced.   Its identified partners are Beyond Ventures II Fund LP, BitRock Capital Fund II, LP, BVG IV LP, ORI Healthcare Fund II, LP, and Transcend Capital Partners II LP.   “The remaining selected partners will be announced later,” the government said in its issued statement.   Selection of these partners were based on assessment criteria which include venture capital fund’s capability, investment strategy and performance, management team’s expertise and experience and local network and resources, and the advice of the fund’s advisory committee.   This fund was established to urge venture capital investment in local I&T startups and to improve the I&T ecosystem in Hong Kong.   So far, the government co-invested in 27 local startups. The investment totalled around $200m, and attracted around $1.7b of private investment.

bodw+ features all-in-one integrated content with one-stop access.

AiR World founder Gabriel Kwong said their users visit their partner malls which serve as a gateway to the metaverse at least 3 to 5 times a month.

HSBC Life’s +Factor Study reveals key insights into how health and financial well-being impact lives.

As a digitally savvy population, Hong Kong’s consumers expect retail organisations and brands to invest in enhanced digital capabilities that deliver seamless, hyper-personalised digital experiences. Advances in digital transformation and data modernisation enable retailers to target consumers more accurately and, as a result, achieve higher success. 

Central and Kowloon East saw the highest vacancy.

The property is adjacent to Tong Fuk Beach.

It has already been reported to the HKMA and the local police force.

These trends include industrial metaverse, and cybersecurity, amongst others.

Jacky Lai recognised how the pandemic collapsed businesses’ digital roadmaps in a few months. 

The firm will rent 33,000 sq. ft. in the high zone of the office tower.