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Hong Kong offices

Hong Kong’s mid-market property segment abuzz with deal-making: CBRE

by Anas Siddiqui
Hong Kong’s mid-market property segment abuzz with deal-making: CBRE

Property consultancy CBRE is targeting the mid-range market in Hong Kong by creating a sub-brand called Value Properties that will address the needs of customers who seek properties outside prime …

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Hong Kong is missing out on Asia-Pacific office property boom as supply glut puts off investors: Colliers

by Anas Siddiqui
Hong Kong is missing out on Asia-Pacific office property boom as supply glut puts off investors: Colliers

Hong Kong is missing out on an office investment boom in the Asia-Pacific region this year as a supply glut and high vacancy rates put investors off the segment, according …

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Mainland Chinese companies most active group in Hong Kong’s flagging office rental market, Knight Frank report says

by Anas Siddiqui
Mainland Chinese companies most active group in Hong Kong’s flagging office rental market, Knight Frank report says

Vacancy estimates vary considerably from agency to agency. Colliers, for example, said the vacancy rate in Hong Kong’s prime office space hit a record of 15.1 per cent towards the …

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Why rising demand for data centres will not rescue Hong Kong office buildings with high vacancy rates

by Anas Siddiqui
Why rising demand for data centres will not rescue Hong Kong office buildings with high vacancy rates

Locally, demand for AI tools is also likely to expand. Nearly three-quarters of Hong Kong’s businesses feel they are ready to incorporate new technologies including AI by the end of …

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‘No need to be concerned’ about Hong Kong property market as long as city plays to strengths, says JLL global CEO

by Anas Siddiqui
‘No need to be concerned’ about Hong Kong property market as long as city plays to strengths, says JLL global CEO

“There’s no need to be concerned,” he said. “It’s a question of how you can play to your strengths going forward. And therefore I wouldn’t even make that comparison whether …

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Hong Kong property: Henderson to launch 7,100 new homes this year, saying market has ‘bottomed out’ and ‘stabilised’

by Anas Siddiqui
Hong Kong property: Henderson to launch 7,100 new homes this year, saying market has ‘bottomed out’ and ‘stabilised’

Henderson Land Development, one of Hong Kong’s biggest developers, said it will launch some 7,100 new residential units this year, 7 per cent fewer than last year, after reporting a …

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Hong Kong, mainland China office-leasing outlook bleak even as mood brightens across Asia-Pacific: CBRE

by Anas Siddiqui
Hong Kong, mainland China office-leasing outlook bleak even as mood brightens across Asia-Pacific: CBRE

The commercial property leasing market across most Asia-Pacific markets is improving, except in Hong Kong and mainland China where sentiment is particularly downbeat, according to CBRE. While respondents in South …

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Singapore’s Mapletree, PAG rename Pan Sutong’s former Hong Kong headquarters, to give anchor tenant naming rights to ‘high-quality office landmark’

by Anas Siddiqui
Singapore’s Mapletree, PAG rename Pan Sutong’s former Hong Kong headquarters, to give anchor tenant naming rights to ‘high-quality office landmark’

“We are thrilled to announce the re-entry of The Bay Hub as a high-quality office landmark in Hong Kong’s commercial sector,” Wong Mun Hoong, Mapletree’s regional CEO for Australia and …

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Hong Kong property: Templeton joins China Re in relocating to Two IFC as office rents fall

by Anas Siddiqui
Hong Kong property: Templeton joins China Re in relocating to Two IFC as office rents fall

Hong Kong’s Two International Finance Centre (Two IFC) seems to be the preferred address for the banking and finance sector, as office vacancy rates rise and rents fall in the …

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Investment in Hong Kong property set for turnaround in 2024 after hitting 15-year low last year, Colliers says

by Anas Siddiqui
Investment in Hong Kong property set for turnaround in 2024 after hitting 15-year low last year, Colliers says

Investment in Hong Kong property fell by 28 per cent to HK$37 billion (US$4.73 billion) last year, its lowest level since the 2008 financial crisis, but is expected to rise …

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