Commercial Office
Grade A office vacancy rises to 12.9% in 2023
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 rents...
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%.
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.
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