Commercial Property

APAC office prices up 1.7% in 2018
22 Jun 18
Hong Kong prime offices are the world's most expensive at US$306.57 per sqft per annum.
Central is the world's priciest prime office market for third straight year
22 Jun 18
Occupancy costs per sqft are higher than London and New York at $2,505.
13 building plans approved in April
22 Jun 18
Apartment and commercial developments dominated monthly construction plans.
Flexible workspaces represent 1.2% of Hong Kong's office space
22 Jun 18
This marks one of the least penetration rates in APAC.
Swire Properties to reportedly sell Cityplaza Three and Four for $14b
15 Jun 18
The buyer is Hengli Investment Holding Group.
Residential and transport projects dominate construction output in Q1
12 Jun 18
They accounted for $17.9b and $12.8b respectively.
Property sales down 10.9% to $63.5b in May
5 Jun 18
Skyrocketing property prices may have finally dampened demand.
Hong Kong's land shortage is pushing local developers to China
31 May 18
The land shortage exceeded the government estimate of 1,200 hectares.
Hong Kong dominates APAC commercial property market as transaction volumes hit $191.5b in Q1
30 May 18
The city was the only market that ranked in the top five across all five property sectors - office, industrial, retail, apartment and hotel.
17 building plans approved in March
25 May 18
Apartment developments dominated future construction activities.
Industrial leasing activity steadies in April amidst strong trade flows
24 May 18
Imports and exports rose 10.7% and 8.7% respectively in March.
Are developers snapping up hotel land to convert into higher yielding offices?
24 May 18
The office sector continues to enjoy heated interest from investors.
Hong Kong East and Kowloon dethrone Central in April as tenants embrace lower rents
23 May 18
The two markets accounted for over three quarters of new office lettings last month.
Flexible working spaces in Hong Kong doubled in past three years
21 May 18
There are more than 50 operators covering over 1m sq ft in land area.
How can property developers cash in on the eSports boom?
16 May 18
Purpose-built establishments are being constructed to cater to the global competitive gaming market and Hong Kong is no exception.
What could possibly cost more than a flat in space-starved Hong Kong?
11 May 18
HSBC and Standard Chartered have even started offering mortgages for these products.
Property sales up 36.3% to $77.8b in April
4 May 18
Residential units accounted for three quarters of the monthly sales.
Tuen Mun site sold for $2.75b
3 May 18
It was awarded to Westlink Investments.
Hong Kong East and Wanchai vacancy rates tighten in March amidst relentless tenant decentralisation
26 Apr 18
Rates narrowed to 2.4% and 2.1% respectively.
Heated property sector buoys prime retail and office REITs
25 Apr 18
Wharf REIC, Link REIT and Champion REIT are in for a good year ahead.
Investors turn to prime property as trade war threat dims outlook for other assets
25 Apr 18
The economic uncertainty has actually resulted in a positive development for Hong Kong’s real estate sector.
Companies exit Central in droves amidst staggering rental costs
20 Apr 18
Goldman Sachs was the latest to pull out from the CBD.
Co-working operators buoy office leasing demand in Q1
20 Apr 18
They committed to 143,300 sq ft of new space in Hong Kong Island in Q1.
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.

Events

Sign Up For Newsletter

 

Follow Us

Events Calendar

Sep 06
HKB International Business Awards 2018
Island Shangri-La, Hong Kong
Sep 06
HKB Listed Companies Awards 2018
Island Shangri-La, Hong Kong
Sep 06
HKB National Business Awards 2018
Island Shangri-La, Hong Kong
Oct 18
HKB Management Excellence Awards 2018
Island Shangri-La, Hong Kong