Commercial Property
Net-zero targets uncover HK’s need to increase retrofitting rate: JLL
Net-zero targets uncover HK’s need to increase retrofitting rate: JLL
The city’s real estate sector accounts for 60% of its carbon emissions.
Real estate investment in HK to reach HK$70b in 2022: report
This is an improvement compared to its 2019 and 2020 levels.
Hong Kong’s property investment growth steadies in H1
Investment activity picked up in Q2 after a slow Q1.
Commercial, residential properties worth $550m up for sale
The properties are up for public tender until 5 July at noon.
Hong Kong will see rise in demand for medical real estate—here's why
CBRE reported the need for an additional 1 million sq. ft. for medical centres.
Grade A office vacancy rate remains flat at 9.4% in April
The unchanged rate was on the back of the completion of the new supply.
Investors abandon HK's office sector in Q122: report
Office has been overtaken by other core sectors in terms of investment volume.
SCPG to acquire 50% interest of CITIC Capital’s Changsha mall
The two firms signed an agreement for the acquisition.
Fifth wave delays recovery of HK’s commercial property market
Amongst the hardest hit was retail, recording a 6.8% QoQ drop in high street shop rents.
It may take a longer time before things get better for the...
Hong Kong investment market to recover in H2: Colliers
This is on the back of sustained investor interest for quality assets.
Retail podium in Tai Kok Tsui worth around $120m up for sale
It will be sold via public tender.
Hong Kong hotel market most sought-after by investors: CBRE
Investors are converting hotel assets into co-living spaces.
Office market logs positive net absorption at 56,200 in March
This stemmed from maintenance in tenant demand.
Unobstructed Seaview Mega Site at Quarry Bay on sale
The site is on sale until 7 July at 12 noon.
Rents for overall prime street shops down by 4.3% in Q4 2021
Rents for major shopping centres also fell by 4.3%.
Total property investment volume down 46% in Q1 2022: Colliers
Industrial and retail sectors saw the highest investment volume.
Hong Kong tops priciest office fit-out markets in Greater China for third consecutive year
The average cost of an office fit-out in Hong Kong was at $1,081.61.
Commentary
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