Commercial Office

Green offices lose pricing edge as supply expands

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.
2 days ago

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.

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 offices rent fell 16% QoQ in Q3

Net absorption totalled 125,400 sq. ft., staying positive for a fifth consecutive quarter.

Grade A offices rents decrease by 6.5% in August

Office rents declined to HK$62.6 per sq ft. 

Grade A office market posts net absorption of 335,100 sq ft in August

It is the highest monthly net take-up level so far this year.

Hong Kong's most notable real estate agents under 40

Realtors in the office market are on top of the list, taking six spots.

Grade A office leasing stalls amidst economic woes

This exerts pressure on landlords to offer generous incentives. 

Grade A office rent drops 1.0%, vacancy up 16.6% in Q2

Grade A office vacancy has reached a record high of 13.8 million sq ft.