Commercial Property
Growth of high street rents in core districts eases in Q123
Rents in core districts range from $211-$860.
Grade A office rents contract 1.3% QoQ in Q1
The decrease in rents in Island East drove the overall decrease.
Sunac China resumes trading after ‘debt restructuring’
The real estate firm said it fulfilled the resumption guidance.
Total investment deals down 16% YoY to $9.1b in Q1 23
Buyers were cautious as the interest hike impacts border reopening.
HK warehouse vacancy remain stable at 3.4% in Q1
The drop in exports contributed to the performance of the market.
Commercial Building in Tsim Sha Hui up for sale
The "Grade A" 22-storey property has a gross floor area of 58,584 square feet.
Vacancy in HK Grade A offices dip 0.2 pp to 15.1% QoQ
But the trend is expected to raise due to companies' cost control policies.
Gov’t needs to review valuations to ensure success of land sale programme – experts
Colliers estimates Hong Kong land revenue last year only 50% of target.
Property sales rocket 43.8% to 8,599 in March
Total consideration rose 57.2% to $68.9b.
HK rateable values grow 0.4% to $2.66b YoY
Industrial RVs grew strong amongst all sectors.
Demand for co-working spaces went up in February
Knight Frank said the volume of new letting sales doubled in Kowloon.
Ap Lei Chau buildings sold for $157m in public auction: JLL
The sites were sold to Sky Dynamic International Investments Limited.
11 HDB prime shophouses and strata retail shop for sale: CBRE
Notable HDB shophouse occupants are 7-Eleven convenience stores.
Viva Place up for lease
The 27-storey building has a total gross floor area of 300,000 sq ft.
Sheraton & Four Points up for sale
The property has 1,219 rooms.
Buildings Department approves 23 construction plans last January
The department also issued 17 occupational permits.
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