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anny zhang jll

Shanghai Core Office Rents Fell 6.7% Last Year as Vacancy Climbs

2021/01/18 by Christopher Caillavet Leave a Comment

Shanghai office rents ended 2020 as they began it — in a persistent decline — despite a boost from leasing activity in fringe areas, according to research by global property consultancy JLL.

Rents in Shanghai’s prime office locations fell 1.3… Read More>>

Ada Fung CBRE

CBRE Promotes Ada Fung to Head of Hong Kong Office Leasing

2021/01/05 by Christopher Caillavet Leave a Comment

CBRE on Tuesday announced the promotion of Ada Fung to head of office services within its advisory and transaction services division in Hong Kong, with immediate effect.

In her new role, Fung will oversee the office services team and the… Read More>>

(From left)Oliver Tong, Joseph Tsang, Alex Barnes

Hong Kong Office Rents Could Fall 10% in 2021 After New Leases Slid 39% This Year

2020/12/21 by Christopher Caillavet 1 Comment

Despite hopes for a recovery after this year’s pandemic-induced meltdown, property consultancies have issued cautious forecasts for Hong Kong in the new year, with office leasing in particular braced for a further decline after a battering in 2020.

This year… Read More>>

Cheung Kong Center hong kong

Hong Kong Office Market Decline Tapers Off in September

2020/10/27 by Christopher Caillavet Leave a Comment

Hong Kong’s troubled Grade A office market saw rents fall again in September, albeit at a slower pace, as vacancies continued to climb in most districts.

Rents contracted further across all major office submarkets in the financial hub, according to… Read More>>

John Siu Cushman

Hong Kong Rents Could Fall 21% By Year-End as Tenants Surrender Offices

2020/10/07 by Mingtiandi Staff Leave a Comment

Hong Kong office rents dropped for a sixth consecutive quarter in the three months ending 30 September, falling by 4.7 percent from June with analysts predicting that the average cost of leasing desk space in the city will have dropped… Read More>>

JLL Alex Barnes

Hong Kong Office Vacancy Rises for 13th Straight Month, Central Now 6% Empty

2020/09/27 by Mingtiandi Staff 1 Comment

Hong Kong’s beleaguered Grade A office market continued to face rising vacancies and falling rents in August, although the emptying out of Central and other core districts of the city showed signs of slowing, according to a report released earlier… Read More>>

two harbour square Hong Kong

Tenants Continue to Flee HK’s Central as Govt Agency Shifts to Kowloon East

2020/09/08 by Elizabeth Kerr Leave a Comment

The migration away from the world’s priciest office location continues with one of Hong Kong’s biggest office deals so far in 2020 taking a major tenant away from its current home in the city’s Central district.

The Hong Kong Mortgage… Read More>>

Andrew Haskins Colliers International

Asian Occupiers and Investors Prepare for the Future of the Workplace Sponsored Feature

2020/09/04 by Platform Sponsor Leave a Comment

COVID-19 has transformed economic and public health expectations, with real estate markets, including the office sector, having been disrupted this year along with most other aspects of life.

With many companies forced to adopt remote working approaches in the short… Read More>>

JLL Alex Barnes

Hong Kong Tenants Hand Back Offices for 12th Straight Month

2020/08/24 by Michael Cole Leave a Comment

The amount of office space leased in Hong Kong contracted for the twelfth straight month in July as a combination of economic uncertainty, public health emergencies and political tension kept tenants on the sidelines of the world’s most expensive real… Read More>>

Hongkong skyline

Hong Kong Still Asia’s Most Expensive City as Office Rents Top Tokyo by 56%

2020/08/12 by Mingtiandi Staff Leave a Comment

Hong Kong retains its crown as Asia’s most expensive commercial real estate market even after the Covid-19 pandemic saw the city record the region’s steepest decline in prime rents over the first six months of the year, London-based real estate… Read More>>

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