Commercial Property

Tai Nan Street property up for sale for $90m

Tai Nan Street property up for sale for $90m

The property occupies a site area of 2,895 sq. ft. and comprises six floors.
5 days ago

Nearly half of Hong Kong office tenants report ESG shortfalls

48% reported that their leased buildings do not meet their ESG expectations.

Data centre vacancies to ease as future supply mostly pre-leased: CBRE

Most upcoming pipelines will come from retrofitting or redeveloping existing industrial sites.

Property slump deepens with weak Q1 across sectors

The average price index for private domestic units dropped to 284.2, down from 298.7 in 2024.

Hong Kong office market rebounds in April

The leasing demand is mainly driven by upgrading activities.

JLL warns of capital loss risk for ageing Hong Kong offices

The report warned that approximately one-fifth of these buildings may become functionally obsolete by 2035.

Office unit at No. 9 Queen’s Road Central listed for $250m

The indicative asking price is $250m, or about $18,222 per square foot—lower than recent transactions in the same building.

Hong Kong office demand shifts to smaller units in early 2025: Colliers

Office cap rates ranged from 3.10% to 4.10%, retail from 3.25% to 5.00%, and industrial from 3.00% to 4.10%.

HKEX to establish new headquarters at One Exchange Square

HKEX bought the asset for $6.3b from Hongkong Land.

Gov’t approves 5 building plans in February

The projects were located across Hong Kong Island, Kowloon, and the New Territories.

Hong Kong property values, rents fall across sectors in Q1: JLL

Despite this, leasing activity in the office, retail, and residential sectors held firm.

THE HEDON in Causeway Bay listed for sale

The 27-storey property offers a total gross floor area of approximately 46,183 square feet.

Real estate investment volumes up by almost 50% in Q1

However, overall investor sentiment remained subdued as interest rates remained high.

Wanda Hotel Development announces major disposal of hotel management subsidiary

 Classified as a "very substantial disposal" under HKEX rules.