Commercial Office

Office fit-out cost growth moderates to 2.3% in 2023

Hong Kong is amongst the most expensive markets for fit-outs in APAC.

Office fit-out cost growth moderates to 2.3% in 2023

Hong Kong is amongst the most expensive markets for fit-outs in APAC.

Grade A office rents drop 6.5% YoY in 4Q23

By 4Q23, average rent stood at $52.9 per sq ft.

Grade A office market logs net absorption of 397,700 sq ft in 4Q23

All submarkets returned to positive territory except for Greater Central.

Grade A office vacancy rises to 12.9% in 2023

The subdued demand led to a 5.3% decrease in overall rents.   Demand for Grade A offices remained subdued, leading to a 5.3% decrease in overall...

Grade A office vacancy rates dropped to 12.6% in October

Kowloon saw the most significant improvement in the vacancy rate.

SPF Private Clients opens new office in Hong Kong

The new office will be led by a mortgage specialist.

Lodes flips the switch at new Hong Kong office to turn on creative minds

With the vision of growing business and diversifying its influence, Lodes sets forth to bring Italian artistry into the Asia-Pacific region.

Office net effective rent drops 0.7% MoM

Submarkets such as Central and Wanchai / Causeway Bay saw rental drops.

Investment options lie in key office space markets in Hong Kong

Expert from CBRE believes Hong Kong office spaces continue to maintain their competitive edge over other Asian cities.

What to expect from the new flexible workspace at K11 Atelier in HK: IWG

The centre opening spans 21,200 square feet and offers hot desking areas.

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%.