Hong Kong

Amongst the hardest hit was retail, recording a 6.8% QoQ drop in high street shop rents.   It may take a longer time before things get better for the commercial property market, as the fifth wave slowed down its path to recovery.

Customers can earn rewards of up to $2,000.

This marks a 9% rise from the survey in 2021.

White & Case moving to York House, property under Hongkong Land.

It posted a 64.7 score which is an unchanged status from 2020.

This is on the back of sustained investor interest for quality assets.

It will be sold via public tender.

Despite the challenges arising from the ongoing global pandemic, Hong Kong, with its expertise and massive capital flows in the insurance market, will always be the Asian hub for multinational insurers

Premium starts at HK$200 per employee annually.

The easing is part of the three-stage relaxation that CE Lam announced in March.

Investors are converting hotel assets into co-living spaces.

The Sandbox’s Mega City district is touted as a culture hub inspired by Hong Kong.

If the fifth wave continues, 46% of SMEs expect their businesses to last for 6 months at most.

This stemmed from maintenance in tenant demand.

The site is on sale until 7 July at 12 noon.

Recently, Hong Kong endured its worst outbreak since the pandemic began, and as the economic data reflects, the situation is still far from stable. In February, for instance, the value of total retail sales – with retail being one of the most directly impacted sectors – decreased by 14.6% compared with the same month in 2021. In hope of boosting business sentiment, the government eased some anti-pandemic measures, but the effectiveness of these actions is still in question.