Global money managers are bullish on Asia Pacific real estate as they develop a keener appetite for risk, according to a new survey which finds that 77.5 percent of institutional investors plan to boost their allocation to the region’s property… Read More>>
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Shenzhen Office Leasing Plunges 70% as New Buildings Surge
China’s southern tech hub of Shenzhen, a leading player in China’s attempt to make the Greater Bay Area a regional economic powerhouse, is about to boost its supply of office building space by one-third amid a steep drop in tenant… Read More>>
Shanghai Office Rents Slide as Vacancy Hits Ten Year High
Grade A office rents in Shanghai continued their downward slide in the fourth quarter of 2019 as the citywide vacancy rate hit 20 percent, according to a report published by Cushman & Wakefield this week.
Amid a glut of space… Read More>>
Office Vacancy in Hong Kong’s Central Surges as Cost Concerns Rise
With Hong Kong poised to see in the new year with the completion of its seventh month of pro-democracy protests, the city’s prime commercial district now has more empty office space than at any time in the past four years.
Hong Kongers Expect Housing Market to Stabilise Says Citi Survey
Despite six months of protests and a year-long slide in home prices, many Hong Kong residents are regaining confidence in the city’s housing market, according to a survey published this week by Citibank.
While Hong Kongers remained skeptical toward buying… Read More>>
Seoul Leads as Asia Pacific Deal Volume Surges to $128B in First 9 Months
Street protests and macroeconomic woes may be grabbing headlines in Asia Pacific, but investors in the region’s commercial real estate markets shrugged off the bad news to deliver a record-breaking $128 billion in transactions during the first three quarters of… Read More>>
Office Rents in HK’s Central Take Biggest Drop Since Financial Crisis
As teargas on Des Voeux Road makes Hong Kong’s pricey office space less attractive to tenants and tighter liquidity on the mainland restrains corporate spending, rents in the Asian financial hub have taken their biggest monthly drop in ten years,… Read More>>
China Home Prices Continued to Cool in October
China’s real estate market continued to cool off in October with growth in home prices slowing in the face of the government’s determination to stick with its fight against housing speculation despite a slowing economy.
50 of 70 mainland cities… Read More>>
Singapore Named Hottest APAC Market in ULI Survey
Singapore took the crown as the city with the most favourable real estate investment prospects in Asia Pacific, while Hong Kong plunged to the bottom of the ranking, according to an annual survey by the Urban Land Institute (ULI) and… Read More>>
Hong Kong Retail Leasing Dropped 43% in October Says Agency Report
Buildings made of concrete and steel are feeling the impact of the estimated 6,000 rounds of teargas released on the streets of Hong Kong in recent months, as a newly released report shows that the city’s descent into a police… Read More>>
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