Commercial Property
Retail leasing sentiment improves: CBRE
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.
Central office vacancy falls in April as market holds steady
JLL data showed rents rising 2.1% in top-tier buildings amidst steady demand.
Colliers Hong Kong taps Adrian Tand amidst industrial sector shift
The veteran property adviser will oversee industrial strategy and client advisory services.
CRE investments rise 41% to $12.5 in Q1
JLL said easing financing conditions and education-related demand supported activity.
Fit-out costs remain high but below Japan: report
The city may see a turnaround as financial firms return and Singapore faces Grade-A space constraints.
Hong Kong rents sit 60% below pre-covid peaks
Tier one tourist corridors dominate demand while second and third tier retail zones face stagnant leasing growth.
San Po Kong industrial asset on market with redevelopment prospects
The site covers about 5,700 sq ft and is designated for industrial and/or godown use.
Kennedy Town retail podium put up for sale at $180m
The fully let Harbour View Garden Tower III asset offers an expected gross yield of about 4.5%.
Hong Kong property market shows early stabilisation: Colliers
Retail investment value surged 109% quarter-on-quarter, whilst office accounted for most of the city’s investment volume.
Hong Kong office, retail rents rise in Q1 as prime demand holds: CBRE
Office rents rose 1.6% whilst retail sales posted the strongest growth amongst selected APAC markets.
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