Commercial Property
Hong Kong may only have ten years before office supply runs out
Hong Kong may only have ten years before office supply runs out
There are only around 20.1 million sq ft of potential office space from GLS.
Chinese real property investment management firm zeroes in on thriving co-working market
Kailong is mulling the addition of co-working elements for its eight Hong Kong properties.
URA to shell out $100m to compensate unauthorised Kwun Tong shopkeepers
This is part of the ongoing effort to redevelop Kwun Tong town centre.
Tycoons cash in on strata office market as deals hit US$3.8b in H1
The deal volume already beat the full-year record from 2017.
Co-working space operator closes west Kowloon landmark leasing deal
Campfire Collaborative Spaces leased three floors of Harbourfront Landmark building.
Will investors embrace lower grade offices as price gap widens?
The gap in central for Grade A and B offices is at least $15,000.
16 building plans approved in June
Apartment developments dominated last month’s construction plans.
Hong Kong Island office decentralisation gains ground in July
Tenants, however, still prefer being as close to the CBD as possible.
Can the luxury property market pick up in the second half of the year?
Primary sales volume have crashed after the 2016 peak due to the absence of large-scale launches.
Third-party logistics players ramp up expansion plans despite trade jitters
ATC Air Service and AK Logistics grew their Kwai Chung footholds in July.
Office vacancy rates tighten to 3.9% in July
Hong Kong East dislodged Central as the district with the lowest vacancy rate at 1.4%.
Yau Tong site sold for $3.3b
It was awarded to Ace Alliance Development Limited.
Coworking operator UCommune eyes Hong Kong IPO to outbid US rival
It’s also planning to raise around US$200m in its series D round.
Office rents extend climb after rising 2.4% in Q2
Wanchai/Causeway Bay dethroned Central as rental growth driver.
Mainland firms are not letting up on Hong Kong's office market in Q2
They committed to 300,000 sqft in the first half of the year alone.
Hong Kong beats US and UK as top destination for Chinese property capital
Transaction volume surged 155% to US$3.4b in April-June.
Trade tensions could slash H2 commercial and industrial property deals by 12%
Mid-range industrial units worth $10m to $10m are likely casualties.
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