Commercial Property

Property transaction volume balloons 171% to US$7.4b in Q4
22 Feb 18
The office sector remains in hot demand with capital values rising 17.5%.
Co-working spaces eye expanding to Kowloon
20 Feb 18
Less intense competition from traditional office operators lures them in.
Depressing turnout halts marketing of $24.5b Mongkok office tower
15 Feb 18
High asking price and less-than-ideal location discouraged Mainland buyers.
Lok Ma Chau zoning plan approved
13 Feb 18
The area for redevelopment covers about 104 hectares.
Hong Kong dominates APAC commercial property investment market
12 Feb 18
It broke Tokyo’s ten-year streak after snapping $20.91m in sales volume.
Kwu Tong South draft zoning plan approved
12 Feb 18
The area for land development covers approximately 525 hectares.
Tender up for Tsing Yi non-industrial site
9 Feb 18
The invitation will commence on February 15 and close on April 6.
Office investment volume balloons 408% to $53b in Q4
9 Feb 18
Total spending by Mainland investors hit $24.9b as they aggresively snapped up office deals.
Check out this hot business district that can potentially overturn Central
9 Feb 18
An office from this area houses Facebook amongst its other blockbuster tenants.
Mega industrial transactions hit $8.02b in Q4
8 Feb 18
Investors are pitching in as the government eyes an industrial revitalisation scheme.
Acquisition of Central skyscraper may post the largest property loan at $33b since 2015
6 Feb 18
A Chinese-led consortium is seeking to acquire billionaire Li Ka-shing’s The Center.
Number of building sale and purchase agreements hits 7,223 in January
2 Feb 18
The total consideration reached $68.5b.
Which sector dominated the year-end capital market?
31 Jan 18
The biggest deal from this sector was valued at $40.3b.
Agile's property management unit plans $4.7b Hong Kong IPO
29 Jan 18
Shares of A-Living Services Co Ltd will be priced at $10.80 to $14.20 apiece.
Prime office rents in Admiralty up 10.9% in December
24 Jan 18
Rents cost $112.1 psf beating Central to post the largest annual change in office submarkets.
Buildings Department approved 20 building plans in November
23 Jan 18
New buildings were valued at $1.4b in November.
Vacancy rate for Grade-A offices up to 5.1% in December
22 Jan 18
However, vacancy tightened in highly-sought after Central and Hong Kong East.
Here's why rate hikes are unlikely to shake Hong Kong's heated property market
22 Jan 18
Bloomberg reports that abundant liquidity acts a shield amongst other buffers.
Ladycode is making waves in the fashion industry
19 Jan 18
While the second-hand luxury market is in full swing in the West, it is yet to be recognised in most parts of Asia.
Retail sales up 7.5% to $38.7b in November
19 Jan 18
Thanks to a revival in mainland tourist arrivals, retail sales post its strongest growth in two years.
New office lettings in Central fall 32% in December
18 Jan 18
Blame the traditional holiday season.
Commercial property transaction volume hit $794.04b in Q4
18 Jan 18
A series of mega-value transactions boosted this quarter’s figures as 14 deals were valued over $1b.
Warehouse rents rise 0.3% in Q4 amidst robust demand for storage space
18 Jan 18
Tech manufacturers drove higher levels of leasing activity this quarter.
Net absorption for grade A office hits 603,900 sq ft in Q4
17 Jan 18
Heightened leasing activity in Central was due to new leases by Chinese financial companies.
Hong Kong remains Asia's priciest location for expat rental housing
17 Jan 18
Average rents cost $81,000 monthly.
Tung Chung reclamation and advance works contract signed for $12.08b
11 Jan 18
The project will provide 49,000 residential flats and 870,000 sqm of commercial floor space.
BLOOM co-working space is a garden of creativity and productivity
9 Jan 18
Check out this swanky co-working space in the heart of Hong Kong’s business district.
Commercial real estate investment surged by 74% in 2017
15 Dec 17
The office segment performed strongly but retail continued to decline.
Tight vacancy rates may push Central prime office rents up 5% in 2018
13 Dec 17
This is due to sustained demand from PRC and financial services firms.
Converting properties to co-living spaces can push rental yields up by 12.1%
11 Dec 17
Students and young professionals are seen to be the most receptive to the co-living scheme.
Chinese banks buoy Central's office market in 2017
8 Dec 17
They accounted for half of 2017's new lettings.
APAC markets dominate world's priciest premium offices list
8 Dec 17
Hong Kong clinches the top spot for the second consecutive year.
Firms head east to avoid high Central office rents
7 Dec 17
BNP Paribas and Freshfields Bruckhaus Deringer are amongst the first to move.
Hong Kong Central's office space is still the world's priciest
7 Dec 17
It costs an average of $210 psf monthly.
Office rents up 0.3% to $71.6 psf in October
5 Dec 17
The expansion of PRC companies in Central drove rents upward.
Property sales down 11.8% to $66.7b in November
5 Dec 17
There were a recorded 7,601 sale and purchase agreements last month.
APAC prime office rentals up 0.8% in Q3
4 Dec 17
Robust office leasing demand kept rents at elevated levels.
Asia Pacific absorption rate rises 20% in 2017
30 Nov 17
Thanks to strong leasing activity in China, Manila and Bengalaru.
Kowloon office already 70% leased even before April opening
29 Nov 17
Rents are $85/sqf monthly but early bird tenants received discounts.
Hong Kong offices still the priciest in the world
29 Nov 17
They cost $87.86 per square meter.

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Sep 06
HKB International Business Awards 2018
Island Shangri-La, Hong Kong
Sep 06
HKB Listed Companies Awards 2018
Island Shangri-La, Hong Kong
Sep 06
HKB National Business Awards 2018
Island Shangri-La, Hong Kong
Oct 18
HKB Management Excellence Awards 2018
Island Shangri-La, Hong Kong