Commercial Office
Grade A vacancy rate drops to 13.6% in May
Grade A vacancy rate drops to 13.6% in May
Four of the five major business districts saw declines in vacancy rates.
18 minutes ago
Henderson Land secures record office lease in Central with Jane Street
Jane Street leased over 223,000 square feet of New Central Harbourfront Site 3 Phase 1.Henderson Land Development Company Limited (Henderson Land)...
22 minutes ago
Five top tips for commercial space leasing for startups and SMEs
Before you start searching for an office, it’s crucial to clearly define your business requirements.
Hong Kong ranks 4th in APAC on office fit-out costs
Globally, Hong Kong ranked 28th.
Grade A office market sees negative net absorption in March
The education sector emerged as an active player in the office leasing market.
Grade A office market sees 3% QoQ rent decline in Q1
Demand shifted towards spaces under 4,000 sq. ft. NFA.
Green offices lose pricing edge as supply expands
Hong Kong is seeing its green rental premium gradually shrink as the supply of certified space catches up with demand.
High vacancy rates force landlords to rethink office strategies
Traditional office spaces are losing appeal as tenants prioritise flexibility, sustainability, and multi-functional environments.
Office prices decline by 7.8% YoY in 2023: report
Grade A, B, and C offices decreased by 2%, 11.5%, and 7.9%, respectively.
Hong Kong’s real estate struggles as investment falls 13% in 2024
Investment activity totaled US$1.5b in the fourth quarter alone, marking a 29% YoY drop.
Office leasing demand remains stable against economic headwinds
Rents were at $48.7 per sq. ft., down 7.9% YoY.
Grade A office market records negative net absorption in Q4 2024
Despite this, it reached 956,000 sq. ft. for the full year, the highest since 2018.
Colliers is sole agency role to sell Jupiter Tower in North Point
It is a 27-storey commercial building with a total floor area of approximately 71,938 sq. ft.
Philippines' Kho family sets up office in Hong Kong
This initiative aims to attract increased international capital inflows.
Grade A office vacancy drop 13.3%, rent slips 0.8% in October
Rents declined by 0.8%.
Grade A office market records negative net absorption as of end-September
Overall vacancy rate stabilised at 13.4%.
Grade A offices rent fell 16% QoQ in Q3
Net absorption totalled 125,400 sq. ft., staying positive for a fifth consecutive quarter.
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