Commercial Property
Bonhams builds new headquarters in Hong Kong
Bonhams builds new headquarters in Hong Kong
It joins Sotheby’s, Phillips, and Christie’s, which have all upgraded their local spaces.
New World completes sale of full stake in Kai Tak Sports Park to CTFE
The completion was done on 29 November.
HK announces 3 pilot areas of land disposal in Northern Metropolis
Each pilot area covers private residential, industry, and public facility sites.
HK is seventh most active real estate market in APAC
However, the office rental growth index has been in decline since 2023.
Buildings Department approves 7 building plans in September
It also issued 16 occupation permits.
Hongkong Land’s Q3 profit rises on China build-to-sell completions
However, the company will no longer pursue new standalone build-to-sell projects.
Whole 13th floor of office space in Tsim Sha Tsui up for sale
This is the first time in nearly 40 years that the property has been listed for sale.
HK sees negative net absorption in Q3 after 4 positive quarters
Net absorption fell to -0.02 million square meters.
Link REIT widens losses to $3.7b in H1 despite higher NPI
NPI rose by 5.8% YoY.
Full-floor office at Wan Chai’s Convention Plaza for sale after 33 years
It spans approximately 16,225 square feet.
Country Garden's contracted sales hit $4.68B in October
Meanwhile, its GFA attributable to the shareholders reached 0.45 million sqm.
Commercial real estate downturn spreads to banks
Post-pandemic recoveries in HK and the mainland were weaker than expected.
Chinachem Group subsidiary buys Sha Tin site for $1b
It has a 50-year land grant.
Investor demand fuels industrial property growth in Q3
Notable transactions include JINGDONG buying Li Fung Centre for $1.8b.
HK introduces new public housing estates design guide
A team researched 26 housing estates and collected opinions from 3,000 residents.
Hong Kong hotel investment to drop 35% YoY in 2024
JLL said investors are becoming more selective.
Buildings Department approves 14 building plans
It also issued 15 occupation permits.
Read Here
Advertise
Sign Up
