Commercial Property
Land exchange applications open for Yuen Long South NDA
Land exchange applications open for Yuen Long South NDA
Deadline for submissions is 19 May 2025.
Swire Properties expects $800m loss for 2024
This is driven by larger fair value loss on investment properties and lower one-off gains.
Tai Wai industrial building up for sale via public tender
It has a total gross floor area of approximately 236,148 square feet.
Gov’t reports 10.4% MoM drop in property deals in January
This decline was due to the Chinese New Year holiday.
Hongkong Land debuts on Dow Jones Sustainability World Index
The company ranked amongst the top 6% in the property sector.
Christie’s International Real Estate expands into Hong Kong
The new venture will be led by Hong Kong native Samson Law.
What will drive Hong Kong’s property market recovery in 2025
It will be driven by lower interest rates, increased demand, and a rebound in tourism.
WORFU in North Point goes on sale via public tender
WORFU boasts a total gross floor area of approximately 210,000 square feet.
Buildings Department approves 9 building plans in November
These are located across Hong Kong Island, Kowloon, and the New Territories.
Industrial lease renewals to dominate in H2 2025: report
Lease renewals dominated leasing activity in Q4 2024.
English Schools Foundation leases Island Place offices
The two office floors comprise a total gross area of 40,380 square foot.
HK’s largest sports infrastructure seen boosting economy with mega concerts
The park’s operator has contacted over 200 sports and non-sports promotional bodies.
Industrial warehouse rents to decline by up to 5% in 2025: CBRE
Rising trade tensions are set to dampen leasing demand and rental performance.
Tourists stabilise HK’s F&B sector amidst retail sales decline: CBRE
Total restaurant receipts declined by just 0.3% year-on-year in the first three quarters of 2024.
Property sales surge 17.1% in 2024
4,422,060 land register searches were made last year.
Smaller land parcels key in boosting developer participation
The government should simplify land sales conditions and divide sites into smaller parcels to attract more developers, JLL said.
Hong Kong’s REIT market may grow with regulatory reforms: Deloitte
Introducing corporate REIT structures and easing property holding rules could address these challenges, says Deloitte.
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