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.
Waterfront Site at Hoi Yu Street tender closing date moved to 25 July
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 returns to top 10 cities for cross-border real estate investment: CBRE
Hong Kong dropped out of the list in 2021.
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.
Check out CBRE's two new offices in Hong Kong
Both offices have state-of-the-art facilities and modern working environments.
Kowloon East set to be next CBD: CBRE
10.7 million sqft of Grade A office space has been built in Kowloon East.
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