Commercial Property

Grade A office market net absorption steady, high street leasing up in Q3: report

The residential market stays stagnant despite the Fed rate cut.
20 minutes ago

Grade A office market net absorption steady, high street leasing up in Q3: report

The residential market stays stagnant despite the Fed rate cut.
20 minutes ago

Industrial leasing market weakens in Q3

Warehouse vacancy rates rose to 8.4%. The industrial leasing market in Hong Kong experienced a softened momentum in the third quarter, as landlords...
1 day ago

Investigation launched into Anderson Road Development project

Inspections showed that six beams on the 29th floor of Tower 3 lacked the specified steel reinforcements.
2 days ago

Culture Bureau seeks conservation proposals for Haw Par Mansion

The proposals will be over a period of three years for arts and culture purposes. 

Gov't approves Tseung Kwan O Outline Zoning Plan draft

The plan covers 1,718 hectares at the southern part of Sai Kung District.

College homes, industrial sites a bright spot in Hong Kong property slump

Converted hotels and industrial estates offer investors a lifeline.

Country Garden sells 1.3% stake in Zhuhai Wanda for $3.4b

The sale will leave Country Garden a 0.31% stake in Zhuhai Wanda.

Buildings Department approves 6 building plans

There will be two new building plans in Kowloon and four in New Territories. 

North Point commercial building enters market at $1b

It has an average unit price of $6,500 per sq. ft. A commercial building in North Point is now up for sale via a public tender. According to CBR...

China Motor Bus sells freehold property in London for $478m

It has a total site area of approximately 1,982.96 sq m. 

GIC divests 50% of Westfield Whitford City to JY Group for A$195m

The acquisition marks JY Group's first joint venture with Scentre Group.

Hulic set to acquire Raysum in $9.5m tender offer

It aims to acquire over 100 properties to enhance its leasing portfolio. Hulic Co. Ltd. is set to acquire Raysum, a builder firm managed by Oasis...

Hang Lung partners with IHG to revamp Grand Gateway 66 in Shanghai

The new Grand Gateway 66 will be called Kimpton Xujiahui Shanghai. 

Hong Kong amongst most transparent real estate markets globally: report

Globally, Hong Kong ranked 15th in market transparency.

KWG Group Holdings pre-sales value slips 19.3% YoY

Pre-sales area also showed a decrease of 14.3%.

Hong Kong's REIT sector faces sharp valuation decline

Meanwhile, its average leverage ratio rose to 30.2% in 2023 from 27.8% in 2022.