Commercial Property
‘Rare’ Tsim Sha Tsui retail flagship hits market at $430m
‘Rare’ Tsim Sha Tsui retail flagship hits market at $430m
Cheung Lee Commercial Building and five Wing Lee shops make up the portfolio.
2 days ago
Central office crunch fuels Wan Chai and Causeway Bay leasing surge
The net take-up hit its highest monthly level in more than two years, JLL says.
2 days ago
Hong Kong office deals surge as prices hit 60% below peak
Owner-occupiers and Southeast Asian funds are back but geopolitical risk and uneven recovery threaten the rebound.
4 days ago
HKIC told to set clearer property investment rules
Core office vacancy could fall below 6% by 2030.
5 days ago
Education demand opens opportunity for Hong Kong commercial landlords: Colliers
Rising non-local student demand is creating a window to convert underused office and retail space into education facilities.
Luxury hotels shine as Asia Pacific deals rise 77%
Tightly held ownership and limited new supply continue to support the city’s premium hotel market.
New project launch prices rebound 15%
Developers have shifted from aggressive discounts to more assertive pricing as the housing market recovers.
Wee Hur acquires Kowloon office tower for student housing project
The project will offer about 500 beds.
Wee Hur enters Hong Kong student housing with Fortress Hill asset
The 19-storey development will offer 246 beds.
Retail leasing sentiment improves: CBRE
The city’s retail market outperformed its industrial and logistics segment in the latest sentiment index.
Dash Living snaps up Wan Chai property for $400m
The asset was acquired at over 60% below its pre-COVID asking price.
Development Bureau introduces land, tenancy reforms
The gov’t allows greater flexibility for short-term tenancies, with some sites eligible for up to 21 years.
World-Wide House top floors up for sale in Central
The receivership asset comprises two adjoining full-floor offices with vacant possession.
The Executive Centre opens upgraded workspace at One IFC
The floor features a lounge with interiors inspired by waves and the city skyline.
Hong Kong office fit-out costs rise 1.5% on metal price spike
Contractors no longer cut bids as office leasing demand rebounds.
Northern Metropolis may reshape GRE sector: report
The project could cost more than $360b and increase borrowing by government-related entities.
Gough Street building fetches $277m in Hong Kong auction
The Central asset has a mixed-use redevelopment potential.
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