Commercial Property
GBA to boost office demand
GBA to boost office demand
Demand will continue to come from companies in the financial sector.
Hong Kong to cement top position as world's busiest cargo port under GBA plan
Cargo throughput is set to rise to 9 million tonnes by 2030.
CBD Grade A office rents dipped 1.7% in March
Demand was high for units smaller than 10,000 sqft with monthly rates of $100-$130 psf.
No recovery in sight for property market in Q1
Discounts up to 10-20% are slapped on homes as developers feel the squeeze.
Industrial property investment ballooned 76% in Q1 2019
1 in 3 deals focused on purchasing old industrial buildings for redevelopment.
Grade A office net absorption slumps to 167,100 sqft in Q1
Banks and co-working facilities hit the brakes on their expansion plans.
New office lettings crashed 30% in March
Net take-up fell into negative territory at 95,700 sqft.
Here's why Chinese developers are on a buying spree of old buildings
Compulsory sale applications from Chinese developers surged 160% YoY to 39 applications.
Commercial real estate investment jumped 40% to $204.09b in 2018
Strong office investments offset sluggish retail and industrial investment volumes.
Hong Kong has the world's lowest prime logistics yield
The country’s prime yield stood at 3.4%, down 30 bps from 2017.
Check out Hong Kong's first co-working tower by Spaces
The building consists of 130 private offices and 800 workstations.
Spaces unveils sleek 20-storey co-working hub
A pristine view of Victoria Harbour can be viewed at its top floor.
Flexible workspace operator theDesk unveils group medical insurance plan
The plan is expected to benefit the 500 individuals who work from itslocations in Sai Wan and Causeway Bay.
Hong Kong unveils 2019 Land Sales Programme
It will provide around 8,850 flats.
LF Logistics bags Technology Excellence Award for e-Commerce – Logistics
A true testament to its speed, the company handled 8 million orders and 11.32 million units during China’s “Single’s Day” in 2018.
Hong Kong is catching up with other APAC markets to embrace sustainability
Governments around the world are putting policies in place to curb carbon emissions in line with the Paris Agreement on climate change. With a...
Compulsory sale applications from Chinese developers surged 160% in 2018
Hong Kong’s older buildings are in for a revamp.
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