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 podium in Tai Kok Tsui worth around $120m up for sale
Retail podium in Tai Kok Tsui worth around $120m up for sale
It will be sold via public tender.
Office market logs positive net absorption at 56,200 in March
This stemmed from maintenance in tenant demand.
Benefits of mortgage relaxation to be felt H2 2022: JLL
The government announced it will raise property values eligible for 90% and 80% LTV-ratio loans.
Office market posts positive take up in February amidst 5th COVID-19 wave
Net absorption in February was 276,500 square feet.
Hotel COZi Harbour View in Kowloon East on sale for over $3.1b
The 19,000-square feet property has 598 rooms.
72.53% undivided shares in Chuan Kei Factory Building on sale for HK$700m
The industrial building in Kwai Ching will be sold on an “as-is” basis.
Grade A office rents vacancy rates down 0.2% to 9.4% for January
This continues a four-month streak of positive net absorption.
2,015 nano flats to be completed in 2022
Compared to 2021, the number of nano flats for completion doubled.
88 Robinson Road completes sale by public auction
JLL served as the auctioneer for the property.
Office market sees positive net absorption of 9,100 sq ft in December
This marks the third month of positive net absorption.
HK property market ‘on the cusp of full recovery’ in 2022
Thanks to the strengthened demand in the retail and industrial property sectors, analysts say.
Property market on ‘cusp of full recovery’ in 2022: JLL
Across submarkets, retail will have the strongest growth next year.
Office fit-out costs rebound 9% YoY to HKD$935 per sq ft
HK costs are the 9th most expensive in the Asia Pacific.
Net effective Grade A office rents rise 0.2% MoM in October
This marks the first expansion for the market since May 2019.
Northern Metropolis plan to boost housing prices in New Territories: analyst
Housing prices in the area have already grown 28.6% over the past five years.
4 in 10 employees inclined to contribute to sustainability agenda
But 68% of them said their companies do not involve them in green initiatives.
Central's office rent grows for 2nd consecutive month
The 0.6% growth was driven by premium office space in the submarket.
Commentary
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