Commercial Property
China Evergrande cuts losses to RMB39.2b in 1H23
China Evergrande cuts losses to RMB39.2b in 1H23
The group has implemented several schemes to improve liquidity.
IWG’s ‘manless’ co-working centre opens doors in Hong Kong
The flexible workspace brand was previously available only in Japan.
Whole 29th floor of office building at Queen’s Road Central is on sale for $514m
The 13,769-square-foot property will be sold on “as-is” basis with vacant possession.
En-bloc commercial building on Nathan Street up for sale
The 16-storey building currently has a 100% occupancy.
Property sales drop 7.3% MoM in July
Year-on-year sales fell by 11.4%.
Hongkong Land records $333m loss in 1H23
The company attributed the loss to a decrease in the rents of its HK office portfolio.
Data centre demand may pick up in the medium term as foreigners come back
CBRE report showed vacancy rates in Hong Kong dropped.
Retail shops, commercial floor in Kam Ho Mansion for sale
The deadline for the submission of the expression of interest is on 18 October at 12 pm.
Hotel Ease ‧ Mong Kok for sale via expression of interest: Colliers
The 30-storey hotel has 199 guest rooms and is near an MTR Station.
Buildings department greenlights 8 building plans in May
Of the plans approved, three are on Hong Kong Island.
Grade A building at Wing Lok Street for sale
The EOI deadline is 12NN on 20 September 2023.
Gov’t to assist building owners in maintenance
Secretary for Home & Youth Alice Mak said they are alerted by falling concrete.
Housing Authority to open application for subsidised flats
The application will run from 31 July at 8 am to 14 August at 7 pm.
Sale of 21 Borrett Road development falls through
CK Asset Holdings said the purchaser failed to pay the first part of the payment of $1.04b.
Grade A Office leasing volume drops 26% QoQ in Q2 despite higher sales
Most transactions were small in size.
New guidelines set for Yau Ma Tei and Mong Kok plot ratio transfer
The guidelines include a new planning tool between sites.
Property sales drop 9.6% MoM in June
Year-on-year sales increased by 24.1%.
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