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.

Retail leasing momentum rises in July: JLL

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.

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’s net absorption hits 129,000 in May

It is the eighth consecutive month that the office market had positive take-up.

Opening of new East Rail Line section to boost home prices

The extension of the East Rail Line will shorten travelling time for residents.

JLL to close leasing transaction in retail podium Maya by Nouvelle

This is the largest retail leasing deal so far in Kowloon East in 2022.