News
1.9 million sq. ft. of Grade A office space due in 2016
1.9 million sq. ft. of Grade A office space due in 2016
While vacancy expected to remain extremely low.
Mid-range brands supported leasing demand for prime warehouse space in 4Q15
As part of their logistic operations relocations.
Weaker leasing demand for warehouse space projected in 2016
Slowing economy is one factor.
Life sciences employers tapping overseas market
The market's grappling with severe candidate shortage.
Hong Kong real estate transaction volumes surged 66% YoY in 2015 to US$12 billion
China was also a standout performer.
Surplus of HK$72.7 billion for FY 2015-16 expected from government
Surpassing originally budgeted surplus of HK$36.8 billion.
Prime high street shop rents to decrease 10% in 2016
A downward market trend is expected.
E-commerce boom spurs demand for warehouse premises
While cargo-lift-access warehouses rentals expected to be resilient.
Mass residential prices projected to slide 10% in 2016
Luxury rentals expected to soften, too.
Central and Admiralty office rents projected to trump other districts
Due to increasing mainland corporates.
Jobs offers in Hong Kong dropped by 12%
But it's still among the best jobs market globally.
Cathay Pacific's carried passengers soar by 5.8% in December 2015
Christmas travel peak was cited.
Investment activity for industrial buildings with revitalisation potential ends in 2016
Along with government scheme expiration.
Investment volume in Hong Kong bounced back in 4Q15
Previous three quarters were silent.
Mid-market retailers to re-establish in prime locations in 2016
They are retail spaces' main demand drivers.
Hong Kong's retail market failed to improve in 4Q15
4Q usually a year's most upbeat period.
Hong Kong professionals point to meeting rooms as offices' "weakest link"
36% are dropping complaints.
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