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Hong Kong property
Art houses Christie’s, Sotheby’s show off flashy new Hong Kong showrooms
The auction houses’ glammed up spaces are a reflection of their desire to change the way they conduct business.
24 Nov 2024 - 11:30AM
Hong Kong property
China, Singapore key to Hongkong Land’s US$10 billion asset disposal goal
17 Nov 2024 - 11:00AM
Hong Kong property
Hong Kong landlords head for the exit when the going is good
11 Nov 2024 - 5:00PM
Hong Kong property
As Hong Kong and Singapore age, health businesses loom larger in property market
As the average age in Hong Kong and Singapore rises, landlords and developers need to become more in tune with the medical industry.
3 Nov 2024 - 9:30AM
Hong Kong property
Hongkong Land seeks US$10 billion from asset reshuffle, eyes high-end market
Strategic pivot aims to ‘ultimately’ double its profit before interest and tax and grow its assets under management to US$100 billion by 2035.
29 Oct 2024 - 9:59PM
Hong Kong property
Hong Kong’s office market to trail recovery in residential, retail properties
Reports of brisk weekend home sales show the housing market will outpace offices in recovery going into 2025, consultancies say.
29 Oct 2024 - 8:30AM
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Hong Kong property
Hong Kong developers to feel earnings pain amid high vacancy rates: Moody’s
Moody’s says office and retail property segments are likely to remain under pressure.
24 Oct 2024 - 6:32PM
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Hong Kong Monetary Authority (HKMA)
Rising bad debts on Hong Kong commercial property ‘a concern’: HKMA CEO
The increase is ‘not alarming’ as the banking system is robust enough to handle the uptick, according to Eddie Yue.
30 Sep 2024 - 9:30AM
Hong Kong property
Hong Kong landlords set to worsen office glut as fresh supply hobbles recovery
Some 3 million square feet of supply will hit the market next year, likely delaying any recovery in office rentals, analysts say.
23 Sep 2024 - 9:26AM
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Art
Christie’s unveils lavish new Asia HQ at Hong Kong’s The Henderson
The new venue, which spans 4 floors in The Henderson and will hold first sales on September 26, signals a commitment to ‘prestige’ and Hong Kong.
20 Sep 2024 - 12:29PM
Hong Kong property
Exclusive
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Henderson’s trophy tower to host galas, mega events in Hong Kong
The Henderson, a 36-storey office building in Central, will host some of the biggest events this year at its 6,800-sq ft rooftop ballroom.
17 Sep 2024 - 9:08AM
China property
Shanghai landlords throw in free desks, chairs to lease empty offices
‘Rental fees are going down, and competition is getting fiercer,’ as landlords fight to sustain occupancy rates, CBRE researcher says.
16 Sep 2024 - 12:14PM
Hong Kong property
Snack food producer Four Seas snaps up Kowloon office space amid bargains
Hong Kong’s depressed property prices are tempting buyers. Four Seas returns to the market after selling its office and warehouse in 2017, suggesting the slump may be ending.
2 Sep 2024 - 7:31PM
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Hong Kong economy
Hong Kong politics and high costs hit overseas business confidence: survey
German Chamber of Commerce survey finds problems include wariness at headquarters back home over effects of domestic national security law.
27 Aug 2024 - 7:40PM
Hong Kong property
Chinese uber-influencer ‘Crazy Xiaoyangge’ expands to Hong Kong
Three Sheep rents a 5,570 sq ft office for around US$23,000 a month as agents note an uptick in inquiries from mainland-based companies.
23 Aug 2024 - 10:17AM
Hong Kong property
Hong Kong office towers put up for sale amid owners’ loan-payment conflict
Gaw Capital and Hengli investments bought the buildings, known as Cityplaza Three and Four, for US$1.9 billion in 2019.
10 Aug 2024 - 9:30AM
China property
State-backed firms are top buyers, new pillar in Beijing’s real estate market
State-backed companies have outgunned other investors in Beijing’s commercial property market, adding to their aggressive purchases in 2022 and 2023, according to Savills.
7 Aug 2024 - 3:15PM
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China property
Beijing’s office leasing market mired in a downward spiral
‘Office rents in the central business district have declined by 20 to 30 per cent from a year ago because the economy is bad,’ Beijing-based real estate agent says.
28 Jul 2024 - 10:00AM
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Hong Kong property
CEOs in Hong Kong turn to hybrid work model to retain talent, boost efficiency
CEOs are turning their attention towards hybrid work environments for their employees, convinced that this approach will help retain talent and boost efficiency.
25 Jul 2024 - 6:49AM
Better Living
How the Hong Kong property market is bouncing back in 2024
Investors remain cautious, but government incentives have helped, high-value properties are continuing to find buyers, and the rental market is stable
24 Jul 2024 - 2:37PM
Hong Kong property
Gaw Capital’s auction of Hong Kong commercial tower has buyers interested
133 Wai Yip, which was acquired in 2013 for HK$930 million (US$119 million), could fetch as much as HK$1.45 billion, according to Vincorn Consulting’s estimates.
23 Jul 2024 - 9:30AM
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Asia housing and property
The View
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Why pandemic strengths for Asia’s offices are no longer sustainable
The advantages that carried Asia’s office market through the Covid-19 pandemic are weakening amid a supply boom and shifting priorities.
22 Jul 2024 - 5:19PM
China property
Shanghai’s weak office market has companies on prowl for lower rents
Large corporate tenants with growing bargaining power are relocating offices to less developed areas as they cut down on rental costs.
21 Jul 2024 - 11:30AM
Hong Kong property
Hong Kong, mainland China weigh on Asia-Pacific office rents: Knight Frank
Beijing, Shanghai, Hong Kong and Guangzhou had the sharpest declines among 23 cities in the second quarter, consultancy Knight Frank says.
18 Jul 2024 - 10:30AM
Hong Kong property
A quarter of Hong Kong companies plan cuts in office space, survey shows
A weak economic recovery and geopolitical uncertainties have had more companies ‘talking about money’ when making rental decisions, according to Colliers.
30 Jun 2024 - 3:00PM
Business of climate change
Demand for net-zero office space to outstrip supply by 2030: JLL
Supply will not satisfy the demand from occupiers aiming for 100 per cent green-certified portfolios by 2030, research says.
3 Jun 2024 - 7:23PM
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Insurance
AIA eyes more office buildings in China on rapid growth in insurance business
AIA Group, Asia’s largest insurer, is picking an opportune time to look for office buildings in mainland China to house its operations. A two-year slump in the property market has rendered these assets ‘affordable.’
27 May 2024 - 4:42PM
International Property
Move over, Portugal? Chinese investors have eyes on Dubai homes
Dubai is shaping up to be a new favourite for buyers, thanks to a booming real estate market and fast-track residency scheme, agents say. It handed out 158,000 ‘golden visas’, dwarfing the 13,000 that Portugal has issued since 2012.
26 May 2024 - 10:00AM
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Office rental
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last updated:
9 September, 2024
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