JLL
JLL is a leading professional services firm that specializes in real estate and investment management. JLL is a Fortune 500 company with annual revenue of $19.4 billion in 2021, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021.
Hong Kong property prices plunge amidst rising foreclosures
Hong Kong property prices plunge amidst rising foreclosures
Banks are moving to recover missed mortgage payments.
3 days ago
Strong household demand drives HK’s mini storage services
44% of operators expect rental and profit growth of 5% to 10% over the next years.
4 days ago
Grade A office vacancy drop 13.3%, rent slips 0.8% in October
Rents declined by 0.8%.
Investor demand fuels industrial property growth in Q3
Notable transactions include JINGDONG buying Li Fung Centre for $1.8b.
Retail market sees strong leasing activity led by premium deals
Key transactions include Emperor Watch's 5-year lease in Shanghai Bank Tower.
Residential capital values drop by 1.3% MoM in September
Transaction volume in the primary market fell to 532 units.
Hong Kong hotel investment to drop 35% YoY in 2024
JLL said investors are becoming more selective.
Rich Hong Kong families sell mansions at a loss to repay debt
A stuttering economy has driven some to offload their assets for as low as half the price.
2024 Policy Address: LTV ratio relaxation won’t reverse downward trend in housing prices
The government adjusted the maximum mortgage LTV ratio for residential properties to 70%.
2024 Policy Address: Expanded immigration scheme to have limited impact on residential market
The measure, however, will have an "immediate" impact on luxury residential sales.
Rate cut and soaring stocks may boost housing market
With 109,000 available housing units, pressure on secondary prices is expected to persist.
Grade A office market posts net absorption of 335,100 sq ft in August
It is the highest monthly net take-up level so far this year.
Hotel COZi Harbour View up for sale via public tender
The tender will close on 5 November.
Hong Kong's most notable real estate agents under 40
Realtors in the office market are on top of the list, taking six spots.
Private rental prices inches up just 3% below historical peak
The rental index for Class A and B units increased 6.9% and 7.3% YoY.
Hong Kong ranks 15th most transparent real estate market globally
On a regional perspective, the country ranks third.
Five industrial buildings in Sai Kung worth $950m for sale
The total site area is 129,526 sq ft whilst the gross floor area is approximately 383,579 sq ft.
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