Office Vacancy in Hong Kong’s Central Hits 7.5% as Rents Dip Further
Office vacancy in Hong Kong’s Central district edged up to 7.5 percent in April from 7.3 percent a month earlier as overall rents in the city drifted lower, according to a report released recently by...
View ArticleLogistics, Multi-Family Still Sectors to Watch as China Leads APAC Rebound: PGIM
A swift rebound in China is breathing life back into Asia Pacific’s economy this year, with logistics and residential among the property sectors benefiting the most, according to research by PGIM Real...
View ArticlePrime Offices to Emerge From COVID With More Breathing Room for Workers, Says...
As the world’s largest work-from-home experiment fades in the face of mass vaccinations, offices in central business districts are expected to regain their status as primary hubs of commerce, according...
View ArticleHong Kong Office Leasing Ended Two-Year Contraction in May
Hong Kong’s office leasing picture brightened in May as tenants occupied more Grade A space than they had in the previous month for the first time since July 2019, according to a report released by...
View ArticleSingapore CBD Office Rents Rose 1.2% in Second Quarter in First COVID-Era...
Spring has brought fresh growth to Singapore’s central business district as office rents registered their first uptick since the down of the pandemic, JLL said this week in its second quarter research...
View ArticleHong Kong Real Estate Investment Set to Double This Year Says C&W
As Hong Kong recovers from the pandemic and its longest-ever recession, investors have resumed the search for real estate returns, helping to drive transactions during the first half of 2021 to a total...
View ArticleHong Kong Office Market Contracted Again in June as Central Vacancy Hit 7.4%
Hong Kong’s grade A office market showed signs of weakness in June, despite leasing activity in Central having doubled in the first half of 2021, according to a report by JLL. In June, Hong Kong...
View ArticleDespite Rising Housing Sales, Over 50% of Hong Kongers Uninterested in Home...
Despite the improving pandemic situation and rising property sales in Hong Kong, interest in buying homes fell by three percentage points to 14 percent in the second quarter of 2021, according to a...
View ArticleSurge in Warehouse, Data Centre Buys Drives Industrial Deals to Record $13.4B...
Transactions of warehouses, data centres and other industrial property assets in Asia Pacific’s key markets jumped 82 percent year-on-year in the second quarter of 2021 to a new high of $13.4 billion,...
View ArticleHong Kong Office Market Contracted Again in July as Pandemic Struggles Continued
Hong Kong’s Grade A office market continued to struggle last month with the amount of space leased by tenants falling once again, as business confidence proves slow to return to the Asian financial...
View ArticleChina Dominates APAC Property Investment With $12.4B in Q2 Deals
China continued its reign as Asia Pacific’s biggest real estate market in the second quarter with $12.4 billion in property investments, a total that was up 6 percent compared with the same period in...
View ArticleIPO Tycoons Help Drive Near Tripling of Hong Kong Luxury Home Sales
Sales in Hong Kong’s luxury residential market nearly tripled in the 12 months that ended 30 June, driven by wealthy locals who resumed home-buying activities and a surge of initial public offerings on...
View ArticleHong Kong Home Prices Soon to Surpass 2019 Peak Says Cushman & Wakefield
Despite home sales seeing a 15 percent year-on-year surge in the third quarter of 2021, purchase of new housing in Hong Kong began to slow in August, according to a report from property services firm...
View ArticleCarrie Lam Touts ‘Northern Metropolis’ Scheme in Last HK Policy Address
In the final Policy Address of her current term as Hong Kong’s chief executive, Carrie Lam put housing and land supply issues front and centre, shining the spotlight on a lofty proposal to transform...
View ArticleRecovery Sighted as Singapore Grade A Office Rents Inch Upward in Q3
A broad recovery is on the cards in Singapore’s office leasing market after a second straight quarter of growth for Grade A rents in the central business district, according to Cushman & Wakefield....
View ArticleHong Kong Office Leasing Grows for the First Time in Two Years, Rents Still...
Hong Kong’s office market showed signs of revival after a prolonged slump as more tenants leased fresh space than gave up old offices for the first time in two years. Net absorption of Grade A space in...
View ArticleSouth Korea Surge Lifts APAC Commercial Property Deals to Record $137.4B in 2021
Investment in Asia Pacific commercial property added $41.9 billion in the third quarter of 2021 to hit a record $137.4 billion for the first nine months of the year, led for the first time by red-hot...
View ArticleTokyo Outshines Singapore in ULI APAC Property Investment Poll
Tokyo has emerged as the top Asia Pacific city by property investment prospects in 2022, muscling aside second-place Singapore after the city-state took the honour the last two years in a row,...
View ArticleUptick in Hong Kong Office Rents Snaps 28-Month Slump, Apollo Moves to...
Average office rents in Hong Kong’s Grade A office market rose 0.2 percent in October from the month before, their first increase since rates last peaked in May 2019, according to JLL. On a net...
View ArticleTech, Life Science Sectors Drive APAC’s Emerging Office Locations Says DWS
New office investment hotspots are emerging across the Asia Pacific region, according to a report released today by the asset management affiliate of Germany’s Deutsche Bank, as technology and life...
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