Commercial Property
Prime office rents decline as vacancy rate climbs
Prime office rents decline as vacancy rate climbs
The city’s office vacancy rate climbed to 13.6%.
Gov’t launches pilot scheme to boost use of commercial public spaces
It aims to make better use of underused spaces.
Hong Kong ranks amongst costliest cities for office fit-outs
Hong Kong emerged as one of the most expensive cities globally.
Portfolio of 19 floors at No. 382 Lockhart Road on sale for $398m
The portfolio includes the 5th floor to the penthouse of the building.
Ginza-style buildings: Adapting to changing market demands
Capturing the demand for Ginza-style commercial space is not just the “right” of existing buildings—this can apply to new buildings.
Property investment market slumps as investors stay cautious
Office and retail transactions declined from the previous quarter’s high base.
Hong Kong logistics rents dip 1.7% in Q1 2025
Leasing is expected to remain driven by renewals in the next few quarters.
Hong Kong real estate faces mixed outlook for 2025
Grade A office vacancies are expected to rise as new supply enters.
Four Tsuen Wan Industrial Centre floors for sale via public tender
The property has an estimated market value of $650m.
Kwai Chung hotel up for sale for $1.38b via public tender
It has a gross floor area of 292,961 square feet.
Property sales jump 54.7% MoM in March
The total consideration also increased 61.4% MoM to $45.6b.
Jaffe Road commercial site up for sale
It has a marketing floor area of 886,214 square feet.
Hong Kong tech hub risks delay amidst labour, tenant concerns
The development will take at least 10 to 15 years to fully materialise and current market conditions could slow momentum.
Lands Department oversees 5,800 short-term tenancies in February
Around 60% of STTs serve daily life needs, whilst 40% support commercial use.
Hong Kong faces risk of oversupply in HSK logistics pipeline: CBRE
CBRE flagged the risk of excess logistics and industrial space, particularly the planned 45 million sq ft allocation in HSK/HT.
Sunac China restructures offshore debt amidst market headwinds
It has appointed Houlihan Lokey Limited and Sidley Austin as financial and legal advisors.
Gov't OKs 14 building plans in January
It spans across Hong Kong Island, Kowloon, and New Territories.
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