Commercial Property

21 building plans approved in February
19 Apr 18
Commercial developments dominated upcoming construction projects.
Forced relocations buoyed industrial transactions in Q1
18 Apr 18
A local beverage company secured a site in Tuen Mun in light of possible relocation from Yuen Long.
Commercial real estate transaction volumes plunged 64% to $37.1b in Q1 as Chinese investors retreat
18 Apr 18
China Energy Reserve & Chemicals Group pulled out of a deal to acquire Li Ka-Shing's The Center in Central.
17 land transactions registered in Q1
17 Apr 18
The transactions hit a total land premium of $5.68b.
WeWork eyes naked Hub acquisition to capture Greater China market
12 Apr 18
Local media are reportedly valuing the deal at $400m.
Tsing Yi site sold for $867.3m
12 Apr 18
It was awarded to Wang On Properties subsidiary Newex Limited.
Office net absorption hits 160,900 sq ft in February
9 Apr 18
Hong Kong East is emerging as a preferred destination with rents rising the fastest at 0.5%.
Property sales down 15.6% in March
5 Apr 18
Total consideration for sales and purchase agreements fell to $50.5b.
Inside nakedHub's swanky Hong Kong office spaces
4 Apr 18
Their Bonham Strand and New Steet hubs combine the best of hospitality and design.
Chinese developers slow down property acquisition spree
27 Mar 18
Local developers bid more aggressively as Chinachem and The Wharf snatched two GLS sites.
23 building plans approved in January
27 Mar 18
More than half were for apartment developments.
Prime office rents extend run after rising 5.2% in Q4
16 Mar 18
Admiralty and Sheung Wan led the charge after rising 11% and 9% respectively.
Central office tower loan may balloon as lead investor ditches sale
16 Mar 18
After China Energy withdrew, the $16.08b loan pricing rose 10bps.
Flexible workspace take-up hits 350,000 sq ft in 2017 despite stiff landlord stance
5 Mar 18
Operators had trouble accessing Grade A buildings and instead redeveloped Grade B properties.
Chinese energy investor ditches Li-Ka Shing office tower sale
28 Feb 18
New investors Hui Wing Mau and Pollyanna Chu Yuet Wah will take 20% and 17% stake to fill in the vacuum.
Office net take-up hits 209,900 sq ft in January
26 Feb 18
Hong Kong East and Kowloon outpaced Central as they led the shift towards decentralisation.
20 building plans approved in December
26 Feb 18
Of that figure, 9 were for apartment and commercial developments.
Property transaction volume balloons 171% to US$7.4b in Q4
22 Feb 18
The office sector remains in hot demand with capital values rising 17.5%.
Co-working spaces eye expanding to Kowloon
20 Feb 18
Less intense competition from traditional office operators lures them in.
Depressing turnout halts marketing of $24.5b Mongkok office tower
15 Feb 18
High asking price and less-than-ideal location discouraged Mainland buyers.
Lok Ma Chau zoning plan approved
13 Feb 18
The area for redevelopment covers about 104 hectares.
Hong Kong dominates APAC commercial property investment market
12 Feb 18
It broke Tokyo’s ten-year streak after snapping $20.91m in sales volume.
Kwu Tong South draft zoning plan approved
12 Feb 18
The area for land development covers approximately 525 hectares.
Tender up for Tsing Yi non-industrial site
9 Feb 18
The invitation will commence on February 15 and close on April 6.
Office investment volume balloons 408% to $53b in Q4
9 Feb 18
Total spending by Mainland investors hit $24.9b as they aggresively snapped up office deals.
Check out this hot business district that can potentially overturn Central
9 Feb 18
An office from this area houses Facebook amongst its other blockbuster tenants.
Mega industrial transactions hit $8.02b in Q4
8 Feb 18
Investors are pitching in as the government eyes an industrial revitalisation scheme.
Acquisition of Central skyscraper may post the largest property loan at $33b since 2015
6 Feb 18
A Chinese-led consortium is seeking to acquire billionaire Li Ka-shing’s The Center.
Number of building sale and purchase agreements hits 7,223 in January
2 Feb 18
The total consideration reached $68.5b.
Which sector dominated the year-end capital market?
31 Jan 18
The biggest deal from this sector was valued at $40.3b.
Agile's property management unit plans $4.7b Hong Kong IPO
29 Jan 18
Shares of A-Living Services Co Ltd will be priced at $10.80 to $14.20 apiece.
Prime office rents in Admiralty up 10.9% in December
24 Jan 18
Rents cost $112.1 psf beating Central to post the largest annual change in office submarkets.
Buildings Department approved 20 building plans in November
23 Jan 18
New buildings were valued at $1.4b in November.
Vacancy rate for Grade-A offices up to 5.1% in December
22 Jan 18
However, vacancy tightened in highly-sought after Central and Hong Kong East.
Here's why rate hikes are unlikely to shake Hong Kong's heated property market
22 Jan 18
Bloomberg reports that abundant liquidity acts a shield amongst other buffers.
Ladycode is making waves in the fashion industry
19 Jan 18
While the second-hand luxury market is in full swing in the West, it is yet to be recognised in most parts of Asia.
Retail sales up 7.5% to $38.7b in November
19 Jan 18
Thanks to a revival in mainland tourist arrivals, retail sales post its strongest growth in two years.
New office lettings in Central fall 32% in December
18 Jan 18
Blame the traditional holiday season.
Commercial property transaction volume hit $794.04b in Q4
18 Jan 18
A series of mega-value transactions boosted this quarter’s figures as 14 deals were valued over $1b.
Warehouse rents rise 0.3% in Q4 amidst robust demand for storage space
18 Jan 18
Tech manufacturers drove higher levels of leasing activity this quarter.

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Apr 19
HKB Made in Hong Kong Awards and Designed in Hong Kong Awards 2018
Island Shangri-La, Hong Kong
Jul 26
HKB International Business Awards 2018
Island Shangri-La, Hong Kong
Jul 26
HKB Listed Companies Awards 2018
Island Shangri-La, Hong Kong
Jul 26
HKB National Business Awards 2018
Island Shangri-La, Hong Kong