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.

Kai Chiu Road, Haiphong Road emerge as retailers most favoured shopping streets

Retail rents in Haiphong Road are now only 40% lower than pre-pandemic levels.

2 days ago

Kai Chiu Road, Haiphong Road emerge as retailers most favoured shopping streets

Retail rents in Haiphong Road are now only 40% lower than pre-pandemic levels.

2 days ago

Properties in Quarry Bay sold via public auction

The properties are located on Pan Hoi Street and King’s Road.

5 days ago

$550m-luxury property in Mid-Levels East up for sale

The residential building has a saleable area of 13,840 square feet.

Hong Kong’s most notable real estate agents under 40

Majority of agents in the list are experts on the office market.

Basket of properties in Pan Hoi Street and King’s Road up for auction

The reserve price for the basket of properties is $6.31b.

Sale of residential units sluggish in the first half of 2023

Only over half of residential units were sold in H1 2023, slower than the five-year average.

Hong Kong needs to build 6,000 more elderly places yearly

JLL warns that the city could face a potential shortage of elderly places by 2032.

Mass residential capital values drop 1.2% QoQ in Q2

JLL attributed the decline to three factors.

Retail property market sees significant boost in 1H23

As of end June, rents of High Street shops rebounded 8.2%.

Mass residential capital values drop 1.2% QoQ in Q2

JLL attributed the decline to three factors.

Office space demand ‘evolving’ as corporates focus more on sustainable offices: JLL

Despite increasing demand, vacancy still rose to 12.4% as of end-May.

Green residential demand to rise in long run: JLL

Studies showed that green residentials have a resale premium of 5-10%.

8-storey building on Kwa Wan Road, Kowloon sells for $1.071b

New Fortress Investment Limited won the auction.

Office demand to remain subdued in 2023: JLL

Given the situation, rents will likely fall by 3%-5% this year.

Industrial building in Quarry Bay up for auction

It has a reserve price of $5.13b.

Hotel Ease Access Lai Chi Kok for sale for $410m

The hotel has 119 guestrooms with a total gross floor area of around 38,619 sq. ft.

Vacancy rate of Central high street shops drops to 10.5% in Q1

JLL attributed the decline to Mainland’s reopening.