Hong Kong Property
Office property market to recover despite high vacancy rates
Analysts expect it to enter the last phase of its down-cycle.
Office property market to recover despite high vacancy rates
Analysts expect it to enter the last phase of its down-cycle.
Property sales drop 20% in August
A total of 7,875 transactions were recorded during the month.
Rents in luxury homes rise 1.4% in Q2
This is the first time high-end residential rents saw an increase since 2019.
Fundraising issues cloud growth prospects in property investment
Investors are now facing challenges in sourcing funds despite growth in capital seen in the past year.
KWIH records $780m profit in H1
Its underlying profit dropped to $490m.
Henderson Land Development profit up to $6.61b in H1
This is much higher than $2.85b in the same period in 2020.
Sansheng Holdings soars threefold to US$96.42m in H1
This is up from RMB159.2m (US$24.5m) in the first half of 2020.
Swire Properties profit soars over 90% to $1.98b in H1
This is up from $1.02b in the same period last year.
Hong Kong’s property investments recover but still below pre-COVID level
Real estate investment volume climbed 79% in the second quarter.
Hysan profit rebounds to $517m in H1 after 2020 loss
The Group recorded a $2.62b loss in the same period last year.
Hong Kong property investments soar 95% in H1
Investment volume in APAC commercial properties reach US$83.5b in the same period.
CK Asset profit rises $8.35b in H1
This is up from $6.36b in the same period last year.
CK Infrastructure profit climbs 5% to $3.01b in H1
This was mainly due to the increase in corporate tax in the UK.
Property sales up 6.1% in July
Total consideration for the sales amounted to $94b.
Hang Lung Properties profit rebounds to $2.2b in H1 2021
This is compared to a net loss of $2.53b in the same period last year.
Central Grade A office market likely to pick up further in H2
This is thanks to rents that are expected to drop in the next 12 months.
Recovery in property market likely to remain uneven in H2
The Grade A office market is seen to record a net withdrawal in the second half.