Commercial Other

Office and logistics buildings were the commonly acquired properties.

The market is expected to continue to favour tenants.

Only 101 big deals were closed during the year.

The transaction was worth S$2.16 billion.

The IT business process management industry is one of the key factors.

Only 40% of Grade A office stock is green-certified.

Learn  more about what to expect from Hong Kong’s property capital market in 2023.

Analysts predict property values will continue to rise, albeit at a slower rate.

APAC investment volumes could drop by up to 10% this year, but capital inflows to this sector could rise 6%.

Logistics and office rents are expected to increase 5.5% and 2%, respectively.

This represents 67% of the annual peak in 2021.

Both deals involved NS Corporation.

Office investment sales plummeted by 88.7% during the quarter.

Find out how each sector performed during the quarter. 

But investors are still cautious nonetheless.

A property was sold for S$3.6m, 20.8% higher than its opening price.