Hannah Jeong appointed Head of Valuation and Advisory Services CBRE Hong Kong
CBRE has appointed Hannah Jeong as Executive Director, Head of Valuation and Advisory Services in Hong Kong, directly reporting to Tom Gaffney, President, North Asia, Advisory Services, CBRE.
Investment volumes show year-on-year growth for the third consecutive quarter Q2 2024, signalling APAC commercial real estate investment turning the corner from 2023’s downturn according to Capital Tracker by global real estate firm JLL.
Colliers and Savills offer CUBUS, an en-bloc Ginza-styled commercial building Causeway Bay for sale
Colliers and Savills appointed as joint sole agents offer CUBUS for sale, a 25 storey Ginza-styled commercial building Causeway Bay for sale by Thomas Chak of Colliers Hong Kong and Raymond Wan of Savills.
Savills Hong Kong offer 64.5% Shares of 206 – 208 Prince Edward Road West for sale
Savills as sole agent offer 64.5% shares of 206 – 208 Prince Edward Road West for sale as-is with existing tenancies, through Savills agents Raymond Wan and Billy Chan.
Central Hong Kong vacancy continues to go up in June - JLL
In June 2024, the vacancy rate for Grade A offices in Central rose to 12.1% and net effective rents dropped by 0.6%, said Alex Barnes, Managing Director and Head of Office Leasing Advisory at JLL in Hong Kong.
Sotheby's has opened a new 24,000 sq. ft Maison at LANDMARK CHATER in Central, Hong Kong, marking its first of ten luxury lifestyle destinations as part of Hongkong Land’s "Tomorrow’s CENTRAL" project, said Alvin Kong, Executive Director, Hongkong Land.
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.
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...
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.
