Commercial Property
Central strongest performing Hong Kong office property submarket in Q2
Central strongest performing Hong Kong office property submarket in Q2
Thanks to the banking and finance sector.
Overall vacancy in Hong Kong industrial market dips to 0.4% in Q2
While rents remained on the rise.
CITIC Pacific agrees to buy main assets of CITIC Group in US$44.5 billion mega deal
Surpassing the biggest-ever Asia Pacific acquisition.
Citi splurges $5.43b on One Bay East - East Tower
Beating a previous largest en-bloc office transaction record.
Buyers' clamour for brand new Grade A office buildings spark demand in non-core areas
Kowloon Bay could be in for a demand surprise.
Hong Kong again hailed as Asia’s most expensive office market
It’s the only Asian location to exceed $200 per sq. ft. per year.
Lantau development strategy under way
Proposals were being explored.
CCL dropped 4.4% since March
Luxury property prices continue to ease.
Industrial market sales decline by 79% yoy
But there were also large transactions.
Warehouse rents rise by unremarkable 2.8% in Q1
Growth was seen in peripheral areas.
Cheung Kong City Point units estimated at HK$10,236psf
Pricing for first 350 units was released.
Link REIT accepts HKD1.24bn in bids for 4 malls
It will boost REIT’s liquidity.
Wharf Holdings outperforms HK retail growth of 4.2%
It eyes double-digit growth for 2014.
Prosperity Place rentals reach 19.7%
It’s higher than current rental revisions.
Champion REIT vacancy to reach 20% this year
A lower number is targeted for 2015.
Hong Kong Land Central office vacancy rose to 6.2%
But retail portfolio remained fully let.
Land premium hits HK$1.72 bn in Q1
Private land use modifications also declined.
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