APAC office sector recorded greatest movement in cap rates - Colliers
According to Colliers' Q2 2024 APAC Cap Rates, the office sector led the movement in cap rates across Asia Pacific. Sales transaction volumes remained low, said CK Lau, Colliers’ Managing Director of Valuation & Advisory Services.
Hong Kong’s data centre market continues to attract occupiers - CBRE
According to CBRE’s report, Hong Kong's the demand for data centres surged during the pandemic due to the shift towards using more cloud-based systems, said Samuel Lai, Executive Director, Head of Advisory & Transaction Services – Industrial & Logistics, CBRE Hong Kong.
JLL offer en-bloc office building in Kwun Tong Hong Kong for sale by auction
JLL has been appointed to auction a 13-storey commercial building at 133 Wai Yip Street, Kwun Tong, Hong Kong for sale "as-is" and subject to existing tenancies said Joseph Tsang, Chairman at JLL in Hong Kong.
APAC prime office rents decline in Q2 2024, but signs of stabilisation emerge – Knight Frank
In Q2 2024, Asia-Pacific prime office rents declined by 3.1% year-on-year, showing slight improvement from the previous quarter's 3.2% drop, according to Knight Frank. Despite the continued downward trend over eight quarters, signs of market stabilisation have emerged, said Tim Armstrong, Global...
Mixed performance for Hong Kong’s commercial real estate Q2 2024 – Colliers
The Colliers Market Report for Q2 2024 highlights a mixed performance across Hong Kong's commercial real estate sectors amid macroeconomic uncertainties. While high-street retail rents edged up by 1.0% QoQ due to tourism recovery, Grade A office and warehouse rents declined by 1.0% and 0.4% QoQ...
Hong Kong residential prices likely bottom out in 2025 – CBRE
Eddie Kwok, Executive Director, Valuation & Advisory Services, CBRE Hong Kong provided insights on Hong Kong’s residential market in mid-2024 that banks are becoming more selective with mortgages, primary market sales surged to 9,419 units in H1 and are expected to dominate with up to 16,000...
Noah Holdings expands its office in Times Square leased by CBRE Hong Kong
A leading wealth management provider, Noah Holdings Limited, has expanded its office lease to 30,000 sq. ft. in Tower 2, Times Square, Causeway Bay, Hong Kong, facilitated by CBRE, said Grant Pan, CEO of Noah Hong Kong.
Savills offer 10th floor of 9 Queen’s Road Central Hong Kong for sale
Savills has been appointed as sole agent for selling the 10th floor of 9 Queen's Road Central Hong Kong, for sale with vacant possession through Peter Yuen, Managing Director, Investment of Savills and Raymond Wan, Chief Senior Director, Investment of Savills.
Receiver offers One HarbourGate East Tower for sale by Savills Hong Kong
One HarbourGate East Tower, a Grade-A office building located at 18 Hung Luen Road, Hung Hom, Kowloon for sale by Savills Hong Kong agents Raymond Wan, Chief Senior Director, Investment of Savills, and Godfrey Cheng, Deputy Senior Director, Investment CEO Office of Savills.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Economic impact of COVID-19 'weighing heavily' on Singapore - CBRE Survey
CBRE has released the results of the Asia Pacific Occupier Flash Survey, showing the COVID-19 pandemic has had a significant impact on business sentiment in Singapore.
