CBRE

CBRE is the global leader in commercial real estate services and investments. With services, insights and data that span every dimension of the industry, theycreate solutions for clients of every size, in every sector and across every geography.

See below for the Latest CBRE News, Analysis, Profit Results, Share Price Information, and Commentary. 

Leasing demand for Grade A office down 23% in Q2

Limited inspection activity caused the decline in leasing demand.
9 hours ago

Leasing demand for Grade A office down 23% in Q2

Limited inspection activity caused the decline in leasing demand.
9 hours ago

High-street shop vacancy rises to 16.5% in Q2 22

Amongst core districts, Tsim Sha Tsui had the biggest vacancy rate.   High-street shop vacancy rose 1.3 percentage points from Q122 to hit 16.5% in Q2 22, data from CBRE showed.   The increase in vacancy was likely due to some landlords, who are under limited financial pressure, opting to leave units vacant rather than renting them out.   This practice was most evident in Tsim Sha Tsui and Mong Kok where vacancy rates were the highest, at 23.2% and 18.9%, respectively.   Whilst vacancy rose during the quarter, rents remained flat. According to CBRE, rents were unchanged from Q122 because “cash-rich landlords with strong holding power prevented some units from transacting at lower rents this quarter.”   In addition to rents being unchanged, leasing volume also increased in Q2, signalling an improvement in the retail property sector.   “Improved retailer sentiment underpinned an increase in transaction volume, although many deals signed this quarter involved short-term leases,” CBRE commented.
1 day ago

Waterfront Site at Hoi Yu Street tender closing date moved to 25 July

The original closing date was 7 July.   The tender for The Remaining Portion of Inland Lot No. 8590 and The Remaining Portion of Inland Lot No. 8723 at Hoi Yu Street, Quarry Bay, was moved to noon of 25 July upon request of potential buyers.   Originally, the tender was to close on 7 July.   “We receive requests from most of the potential buyers demanding extra time to study the property thoroughly and make informed internal discussion,” CBRE, the property’s marketing agent, said.   CBRE said the property received interest from developers from Hong Kong and China, real estate investment trusts (REITs), institutional funds, family offices, and private investors.   The site for sale is expected to be developed into a large-scale mixed-use complex for commercial, leisure and tourism use.

Up for sale: Concord Square in Tsuen Wan

The property sale will be via public tender until 29 July at 12 noon.

Hong Kong hotel market most sought-after by investors: CBRE 

Investors are converting hotel assets into co-living spaces.

Unobstructed Seaview Mega Site at Quarry Bay on sale

The site is on sale until 7 July at 12 noon.

Which commercial real estate segment was the hardest hit by the fifth wave?

The fifth wave has significantly slowed down the property market in Q122.

Outbound real estate investment grows 60% to $52.42b

Hong Kong was second in Asian outbound real estate investment rebounds in 2021.

Bill on rental moratorium may pressure tenants, landlords: CBRE

The proposed law will pose potential cash flow issues.

HK property market ‘on the cusp of full recovery’ in 2022

Thanks to the strengthened demand in the retail and industrial property sectors, analysts say.

Growth expected for retail, industrial leasing in 2022: CBRE

But the potential spread of the highly transmissible Omicron variant poses uncertainty to the market.

Hong Kong’s office net absorption negative for 8th consecutive quarter 

This marks the country’s longest local market down cycle in history.

High-street shops in HK see 'strongest' rental growth since 2013

Rents rose 1.2% quarter-on-quarter in the second quarter of the year.

Which real estate sectors will benefit most from HK’s recovery?

CBRE reported office and retail sectors are likely to be the biggest gainers.

New pilot scheme to spur industrial investment: CBRE

The firm said $4.1b worth of investments were made in the first quarter of the year alone.

CBRE appointed as sole agent for industrial property portfolio sale

Industrial assets are highly sought by investors amidst the sector's strong performance.