Commercial Property
One Bay East-East tower snags biggest transaction price in Hong Kong
One Bay East-East tower snags biggest transaction price in Hong Kong
It was acquired for a whopping $5.4b.
Office rents in Kowloon East softened by 3% in 2Q14
Upcoming new supply tagged as the driver.
Hong Kong-Shanghai new direct share trading rules lured Chinese firms to expansion
And they're starting to expand aggressively.
Industrial market's big-time deals crashed 56% to just 10 transactions
It's worth a tad over HK$30m.
Guess which district hit the highest Grade A office space price hike
Prices edged up by 2.3%.
Transaction volumes in commercial, industrial sectors to see better days in 2H14
Partly due to the diminishing DSD impact interest rates.
Asia Pacific office leasing gains momentum with 18% net absorption growth in 2Q14
Tokyo leads the charge.
Overall vacancy levels in Hong Kong office market to edge up in 2H14
Rents expected to remain relatively stable, however.
Capital values in Hong Kong commercial property markets stronger in 1H14
Even with shrinking transaction volumes.
End-user demand activity drives subdued Hong Kong investment market in 1H14
Higher stamp duties also affected the market.
Hong Kong industrial property rents hit new highs
Amid a low vacancy environment.
Mid-tier and lower-end buildings are biggest culprits in Hong Kong office vacancy
Overall vacancy rate is flat, though.
Hong Kong office market generates overall net take-up of only 318,700 in 1H14
But it’s an improvement from 2013 overall.
Tenders for Tin Shui Wai sites gets frosty reception
Only four bids for each site.
Tenant mix in Asia's supertall office buildings similar to Downtown Manhattan
Banking and financial services gets large chunk.
Hong Kong is city with most supertall office buildings
China has lots of tall office buildings.
Asia now home to 55% of total number of tall office buildings globally
Despite relatively recent development.
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