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...
Singapore’s investment market increased 64.1% in Q2 2024 - Colliers
According to Colliers, in Q2 2024, Singapore saw a significant investment surge to SGD 6.5 billion, up 64.1% from the previous quarter, driven by SGD 3.2 billion in government land tenders and strong contributions from the office, residential, and mixed-use sectors.
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.
Core Singapore CBD Premium and Grade A office rents on a roll - Colliers
According to Colliers Office Market Report and Outlook, in Q2 2024, Core CBD Premium and Grade A office rents in Singapore rose by 0.5% quarter-on-quarter to SGD 11.63 per sq ft, commented Tridiana Ong, Head of Occupier Services, Colliers Singapore and Catherine He, Head of Research Colliers...
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.
