Commercial Property
Commercial property deal volume falls by 38% YoY in Q3
Commercial property deal volume falls by 38% YoY in Q3
This marks HK’s first contraction after four consecutive quarters of expansion
Central's office rent grows for 2nd consecutive month
The 0.6% growth was driven by premium office space in the submarket.
Property sales dip 6% MoM in September
Year on year, however, property sales are up 12.4%.
Hong Kong’s office net absorption negative for 8th consecutive quarter
This marks the country’s longest local market down cycle in history.
How Hong Kong’s real estate scene will fare in agents’ eyes
Residential prices, as well as retail and office rents, will likely grow in 2022.
Flexible office space offsets corporate downsizing: JLL
Leasing momentum in the retail market continues to improve in August 2021.
Office property market to recover despite high vacancy rates
Analysts expect it to enter the last phase of its down-cycle.
Architects to remodel Hong Kong into a greener, more future-ready city
Highly integrated design and infrastructure that will further link Hong Kong into the Greater Bay Area are expected in the next year.
SIUD profit falls 41.6% YoY to $207.2m in H1 2021
This is despite a 44.3% YoY increase in revenues during the period.
Fundraising issues cloud growth prospects in property investment
Investors are now facing challenges in sourcing funds despite growth in capital seen in the past year.
KWIH records $780m profit in H1
Its underlying profit dropped to $490m.
Henderson Land Development profit up to $6.61b in H1
This is much higher than $2.85b in the same period in 2020.
SG, HK office rental premium gap down to 108%: Cushman & Wakefield
This is coming from a 135% gap in 2015 and a peak of 173% in 2017.
Sansheng Holdings soars threefold to US$96.42m in H1
This is up from RMB159.2m (US$24.5m) in the first half of 2020.
Kerry Properties profit rose 251% YoY to $3.77b in H1 2021
Its contracted sales reached $8.19b, which is 61% of its sales target for the year.
CMC REIT income up 19.1% to US$15.03b in H1
This is higher compared to RMB81.9m (US$12.61b) in the same period last year.
Swire Properties profit soars over 90% to $1.98b in H1
This is up from $1.02b in the same period last year.
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