Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. See below for the Latest Cushman & Wakefield News, Analysis, Profit Results, Share Price Information, and Commentary.
Grade A office market net absorption steady, high street leasing up in Q3: report
The residential market stays stagnant despite the Fed rate cut.
Grade A office market net absorption steady, high street leasing up in Q3: report
The residential market stays stagnant despite the Fed rate cut.
Hong Kong's REIT sector faces sharp valuation decline
Meanwhile, its average leverage ratio rose to 30.2% in 2023 from 27.8% in 2022.
Residential property sales in April reach decade-high at 8,500 units
The increase was due to the withdrawal of cooling measures.
HK amongst areas with costliest office fit out in APAC
Office fit-out costs $1,149 psf on average.
Kowloon East leasing drives office market growth
The submarket recorded a net absorption of 289,700 sq ft.
4 trends shaping GBA’s commercial real estate investment market
Total annual investment volume reaching RMB66.1b in 2023.
High interest rates stall foreign property deals in Hong Kong
Bank mortgage rates for commercial properties in the city can be as high as 6%.
Diversification to shape real estate investments in 2024
An expert said capital will cascade into “alternative” sectors next year.
Growth of high street rents in core districts eases in Q123
Rents in core districts range from $211-$860.
Gov’t needs to review valuations to ensure success of land sale programme – experts
Colliers estimates Hong Kong land revenue last year only 50% of target.
Hong Kong, Singapore build stronger data centre hubs despite land limits
But lack of space for expansion remains challenge for top 2 Asian markets
Residential market sales to grow 49% in Q1 2023
It will be backed by China reopening and reduction of AVD.
HK rises to fourth rank in global data centre market report
It improved its rank due to strong connectivity and consistent demand.
Hong Kong ranks fourth in global data centre market: report
It went up from sixth place last year, Cushman & Wakefield reported.
Residential transactions in GBA to pick up by 20%-25% in 2023
In 2022, the GBA saw a 35% YoY decline in transactions.
Residential prices to drop by 0%-5% in 2023
Year-to-date prices have declined by 10%.
HK dips to 2nd place; US gets top spot in priciest retail destination report
New York’s Upper Fifth Avenue is top spot with $15,622 rent per square foot.
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Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption