Commercial Property

HK amongst areas with costliest office fit out in APAC

Office fit-out costs $1,149 psf on average. 

HK amongst areas with costliest office fit out in APAC

Office fit-out costs $1,149 psf on average. 

Hongkong Land surpasses halfway mark in 2030 carbon reduction target

It achieved a 29% reduction in scope 1 and 2 emissions from the 2019 baseline.

Gov't opens tender for fee-paying Queensway car park license

The Government Property Agency (GPA) is inviting tenders for a three-year licence to operate a fee-paying public car park at the Queensway Government...

HK commercial real-estate issuers under pressure amidst high interest rates, vacancies 

Still, valuation and funding risks remain relatively low for rated entities.

Hongkong Land’s Central portfolio achieves LEED Platinum rating

The company owns 27% of Hong Kong's LEED EBOM Platinum-certified buildings in Hong Kong.

Colliers names new HK valuation and advisory services head

Dorothy Chow's over 25-year career has solidified her reputation in the industry.

Hong Kong cap rates flat in Q1 2024

Overall, the removal of special stamp duties helped improve market sentiment and demand.

Industrial rents slip 0.7% QoQ in Q1

Tenants prioritising practicality has affected rates.

Soundwill pushes to revalue Causeway Bay site as demand declines

The developer also asked for a lower tender price for the site.

LandsD 'area model' idea makes sense for the San Tin Technopole

The government may need to think further outside the box when dealing with the Northern Metropolis, specifically the San Tin Technopole (STT). Whilst...

Evergrande stalls 2023 annual results release

The company also warned of possible delays in the 2023 report distribution.

Grade A office rent dips 2.5% QoQ in 1Q24

Major submarkets like Island East experienced decline in rents.

Insurance companies drive leasing demand in HK 

An insurance firm recently leased 53,600 sq ft at AIRSIDE in Kai Tak.