Colliers
Colliers is a leading diversified professional services and investment management company. With operations in 62 countries,17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients.
See below for the Latest Colliers News, Analysis, Profit Results, Share Price Information, and Commentary.
LandsD 'area model' idea makes sense for the San Tin Technopole
The government may need to think further outside the box when dealing with the Northern Metropolis, specifically the San Tin Technopole (STT). Whilst it has focused on looking for big companies to settle in the area, there appears to be a minimal overall plan.
Hong Kong’s tertiary education policy shift ignites co-living growth
Given its defensive nature, the student accommodation sector is getting attention from forward-looking investors, providing a high-yield alternative to traditional asset classes.
Retail rents up 1.8% QoQ in 1Q24 amidst tourism surge
Tsim Sha Tsui led submarkets with a 2.6% increase.
Grade A office rent dips 2.5% QoQ in 1Q24
Major submarkets like Island East experienced decline in rents.
Colliers handles sale of coveted King’s Park Hill property
The last property in the area that was put up for sale was worth $105m.
Hotel in Chiang Mai up for sale
The property is available for sale via expression of interest.
Hong Kong is 3rd top source of cross-border property investments
Hong Kong firms directed US$4.9b in capital to Chinese real estate properties.
Greater Bay Area’s development boosts HK competitiveness
Hong Kong is in a unique position to enhance its role as an offshore renminbi service hub.
Office space at Wyndham Place up for sale
The asset comes with a single parking spot.
23rd floor of Bank of America Tower and 3 car parks up for sale
The property is ready for use.
En-bloc commercial buildings in Cheung Sha Wan up for sale
The property is valued at approximately $200m.
Industrial rents grow 1.4% in 2023
Renewals dominated the leasing market last year.
Grade A office rents drop 6.5% YoY in 4Q23
By 4Q23, average rent stood at $52.9 per sq ft.
2023 sets the record for most failed bids in Hong Kong’s land supply history
Six of the nine tenders this year were unsuccessful.
Navigating challenges and seizing opportunities in Hong Kong’s self-storage sector
Hong Kong’s self-storage business evolved in four distinct stages. It first emerged in the mid-1990s when the concept was introduced from the US. The second stage saw rapid expansion, driven by rising demand due to the decreasing size of Hong Kong homes.
Hong Kong cap rates increase in Q3
The gross yield of commercial properties in Hong Kong ranges from 2.85%-4.60%.
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Commentary
Wellness craze: Emerging growth for commercial space