Commercial Office

Hongkong Land’s flexible office space reach 90% occupancy rate

Centricity Flex lured diverse financial and professional services tenants.

Hongkong Land’s flexible office space reach 90% occupancy rate

Centricity Flex lured diverse financial and professional services tenants.

Hong Kong’s office sector growth hinges on China’s reopening

More than 3.2 million sq. ft of net floor area is expected in 2023.

New completions raise Grade A office vacancy rate to 11%: JLL

The completion of Two Taikoo Place contributed to the vacancy rate.

Office rents decline persist in Q3

Central and Kowloon East saw the highest vacancy.

Hong Kong Island to see ‘moderate’ office rental growth in H2

Rents are more affordable compared to pre-pandemic levels.

Grade A office rents slips by almost 1% in Q1 2022

Cushman & Wakefield linked this to the fifth wave of the pandemic.

85% of family offices eye increased ESG investment in 2022: survey

Two-thirds of them are planning to increase allocations by more than 10%.

Office market sees positive net absorption of 9,100 sq ft in December

This marks the third month of positive net absorption.

Office fit-out costs rebound 9% YoY to HKD$935 per sq ft

HK costs are the 9th most expensive in the Asia Pacific.

Office market witnesses first positive take-up since Q3 2019

The market recorded a positive net absorption of 327,700 sq.ft in Q3 2021.

Aoyuan Group profit remains flat YoY at RMB2.843b in H1 2021

It posted RMB2.84b profit in the same period last year.

Overall rents drop despite growth in some market: report

The overall net effective rents slipped by 0.2% month-on-month.

Hysan, IWG partner to operate flexible workplaces in GBA

The joint venture will operate all 32 existing locations under IWG across the Greater Bay Area.

6 in 10 HK firms willing to pay higher rent for green buildings

Those leasing green buildings pay a rental premium of 1% to 7%.

Grade A Office vacancy rose to 9.5% in June: JLL

This compared to 9.4% in May as tenants relocated due to improvement in business sentiment.

Grade A office market sees positive net absorption in May

This is the first time since July 2019, JLL said.

Hong Kong office vacancy inches up to 9.5% in April

The Grade-A office market saw a net withdrawal of 99,400 sq. ft.