Hong Kong
Hong Kong Grade A office rents slip 2.6% in Q2
Hong Kong Grade A office rents slip 2.6% in Q2
Hong Kong Island rents saw the lowest rate of decline since Q1 2020.
Hong Kong retail undergoing more “drastic transformation”: Knight Frank
Banks are now occupying large duplex stores.
Hong Kong home sales dip 3.3% to 7,084 units in May
Blame it on the fewer transactions in the secondary market.
Hong Kong records positive office absorption for the first time since 2019
Overall net absorption was 116,300 sq ft in May.
Hong Kong industrial vacancy rate improves to 2.3% in Q1
Grocery retailers expanded aggressively and there were fewer short-term leases of 6 to 24 months.
Two notable new hotels to watch out for in Hong Kong this year
These two projects will bring a total of 542 new rooms to the market.
Hong Kong luxury residential rents to drop by up to 10% this year
Blame it on weak expat demand and their shrinking housing budgets.
Hong Kong residential sales to hit up to 62,000 this year: Knight Frank
First-hand residential sales are currently booming.
Hong Kong property investments to rise 50% to HKD90b this year
But reaching this target will depend on the opening up of borders.
Hong Kong Grade A office rents won’t rebound until 2022
Rents are expected to increase by 1-3% in the first half of 2022.
Hong Kong secondary residential transactions hit record highs in over 8 years
Transaction volume increased 6.2% to 6,258 units in April.
Have Hong Kong office rents finally bottomed out?
Rents in Kowloon are expected to remain flat in the next few months.
How investors can get their hands on Hong Kong’s cold storage assets
Sale-and-leaseback is amongst the fastest entry routes to invest in cold storage, says Colliers.
Reshuffling of prime shopping street tenants in Hong Kong still ongoing
Hang Seng Bank recently took over a space previously occupied by Adidas.
Will Central Hong Kong bid farewell to luxury retailers for good?
Discount retailers are now bumping luxury shops from Central Hong Kong.
Why are Hong Kong property investors turning a blind eye to ESG elements?
Only 38% of investors said COVID-19 made them more interested in ESG-focused property investments.
Hong Kong data centre supply to rise 75% to 9.2m sq ft by 2026
Government land auctions now serve as the primary source of land supply for data centres.
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