Commercial Property
Swire Properties profit soars over 90% to $1.98b in H1
Swire Properties profit soars over 90% to $1.98b in H1
This is up from $1.02b in the same period last year.
Hong Kong’s property investments recover but still below pre-COVID level
Real estate investment volume climbed 79% in the second quarter.
Hysan profit rebounds to $517m in H1 after 2020 loss
The Group recorded a $2.62b loss in the same period last year.
Hong Kong property investments soar 95% in H1
Investment volume in APAC commercial properties reach US$83.5b in the same period.
CK Asset profit rises $8.35b in H1
This is up from $6.36b in the same period last year.
ESR acquisition of ARA to make it largest real asset manager in APAC
ESR Cayman Limited is set to acquire ARA Asset Management for US$5.2b.
CK Infrastructure profit climbs 5% to $3.01b in H1
This was mainly due to the increase in corporate tax in the UK.
Hang Lung Properties profit rebounds to $2.2b in H1 2021
This is compared to a net loss of $2.53b in the same period last year.
Easing travel between HK-Macau may boost property sector
This could also drive the tourist and business sector in Macau.
China Properties profit rebounds to $36.17m in 2021
This followed a net loss of $92.5m in 2020.
New Century REIT suffers US$2.5m in H1
The company recorded a US$1.07m loss in the same period last year.
Swire Properties, Jing’an partner to revitalise Shanghai district
The Zhangyuan district in the city will be turned into an international cultural and commercial landmark.
Henderson project poised to be an icon of Central: JLL
The new project will be the newest large floor plate building in Central in 18 years.
Central Grade A office market likely to pick up further in H2
This is thanks to rents that are expected to drop in the next 12 months.
CRE investment in H1 rose 97% YoY: Cushman & Wakefield
A total of 89 deals were recorded during the period and is expected to reach 200 by year-end.
Recovery in property market likely to remain uneven in H2
The Grade A office market is seen to record a net withdrawal in the second half.
Gov’t pushes for tenancy control measures
If passed within the legislative session, it will likely be in effect by late 2021 or early 2022.
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