Commercial Property
HK investors favour retail properties
HK investors favour retail properties
There were more larger sum of transactions generated in August 2023.
Property market slump boosts occupiers’ and home buyers’ bargaining power
Real estate agents said tenants ask for up to 30% discount when renewing office leases.
ESG compliant workspaces fuel talent attraction
A Colliers expert tells occupiers to put ESG at the forefront when assessing location strategies.
Hong Kong’s flex desk rates highest in APAC
Experts predict rates in the city to increase by 3% in 2023.
Opportunities abound in Hong Kong key real estate sectors
CBRE’s Frederick Lai points investors in the right direction amid Hong Kong’s evolving real estate landscape.
Retail vs. commercial vs. industrial: Which property sector performed best in August?
Collectively, the three sectors recorded 351 transactions.
IT firms most likely to pursue office expansion in the next two years
More than half (56%) of IT firms plan to expand.
Country Garden widens loss to RMB48.9b in 1H23
The property sector’s shrinkage has exerted mounting pressure on the developer’s operations.
Hong Kong’s most notable real estate agents under 40 of 2023
Majority of agents in the list are experts on the office market.
Trial plan allows developers to transfer GFA between sites
The Town Planning Board (TPB) has recently introduced the Plot Ratio Transfer Pilot Scheme, a new planning tool to promote urban regeneration which...
Hong Kong’s shifting office trends embrace flexibility and collaboration
As the office leasing dynamics evolve in Hong Kong, ESG considerations also influence tenant choices, say Colliers experts.
Golden Wheel Plaza up for sale via public tender
The tender for the 25-storey building will end on 31 October at 12 noon.
Country Garden to issue 350.6 million shares to pay off loans
The property developer priced their shares at $0.77 apiece.
KONNECT at 303 Jaffe Road up for sale via expression of interest
Current average rent in the building is around $40 per square foot.
High interest rates stall foreign property deals in Hong Kong
Bank mortgage rates for commercial properties in the city can be as high as 6%.
Diversification to shape real estate investments in 2024
An expert said capital will cascade into “alternative” sectors next year.
Basket of properties in Pan Hoi Street and King’s Road up for auction
The reserve price for the basket of properties is $6.31b.
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