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.
Grade A office vacancy climbs to 9.6% in July
JLL said it's the traditional low season for the office leasing market.
Grade A office vacancy climbs to 9.6% in July
JLL said it's the traditional low season for the office leasing market.
Sun Chun Street property in Tai Hang sold for $588.7m: JLL
The property was sold through public auction.
$175m-worth of residential units in SOHO district up for sale
It will be sold on an "as-is" basis.
Retail leasing momentum rises in July: JLL
This is as retailers grow more confident in the business environment.
Residential sales in July dampened by rate hikes
The average mortgage rate reached 2.5% by the end of the month.
Net effective rent of HK offices drop 0.1% MoM in July
Decline in rents was also observed across major office submarkets.
Industrial property leasing market remains subdued in July
Hong Kong suffered a spillover effect from lockdowns in Shanghai.
HK cuts hotel quarantine period down to 3 days
This will be followed by a 4-day medical surveillance.
Property at Sun Chun Street up for public auction
The property has a reserve price of $588.7m.
More than 80% shares of residential property at Kowloon on sale: JLL
The property is estimated to be worth over $180m.
Overall vacancy rate for Grade A office up slightly 9.4% in June
Vacancy rate in Central rose from 7.6% to 7.9%.
Hotel investments in HK swells 70.5% in H122
The market reported $3.9b (US$504m) total sales volume.
Commercial properties investment volumes down 37.9% in H122
It posted $29.2b worth of investment in the first half of 2022.
Residential prices to drop 5% to 10% due to high mortgage rates
Capital values of luxury residential will decline by 0% to 5%.
Fifth wave pushes back retail market in H122
Rents of high street shops and prime shopping centres dropped 9.8% and 4.8%, respectively.
Grade A office market logs net absorption of 1.25 million sq ft in H122
Leading the market in recovery is the Central segment.
Hong Kong is 3rd most transparent property market in Asia
It recorded an overall score of 1.98.
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