Commercial Property

This is a 28% increase compared to the same quarter last year.

The IPO is set to debut on the Hong Kong Exchange on 25 May.

The property firm has yet to determine how the prolonged pandemic will affect its performance.

These buildings need significant upgrading to remain relevant and attractive to their tenants.

Banks received nearly 18,000 applications during the month.

About half of 65 deals done by Savills were situated in non-core areas.

John Davies and Terry Shum also joined the Hong Kong team as part of a series of promotions.

The total number of commercial real estate transactions rebounded by as much as 2.6x YoY.

Only Central saw its vacancy rate drop during last month.

The sale shall be by way of transfer of shares of the company.

The figure is as of 31 March this year.

It is the largest USD corporate loan for ESR to date.

Retail-related property transactions worth at least $100m grew by 15.4% year-on-year.

The majority of the transactions in Q1 were worth up to $10m.

Office rents will likely decline 5-10% over 2021, CBRE said.

Its new office has a total gross floor area of approximately 22,000 sq. ft.