Developers enticed by Shanghai’s burgeoning tech and service sectors are betting that the city needs more offices, with nearly a quarter million square metres of new space being added to the city centre last quarter, according to figures compiled by… Read More>>
Shanghai is set to be Asia Pacific’s largest office market within the next three years, surpassing Hong Kong, Tokyo and Sydney as the Chinese commercial hub’s service sector drives demand for grade A space.
Approximately 1.1 million square metres (11.8… Read More>>
Just two years ago Hong Kong’s students were taking to the streets to protest their lack of electoral choices, but the next round of riots could come from CFOs struggling to pay the city’s world-leading office rents.
Grade A office… Read More>>
WeWork is known for providing a workspace for startups, freelancers and other smaller entities so the company’s GM for Hong Kong, Australia and Korea Henek Lo might have been a little surprised when banking giant HSBC called up to rent… Read More>>
Hong Kong has been grabbing headlines for having the world’s most expensive office space, but its competitor to the north may be catching up quickly, as Shanghai is now seeing the sharpest rates of increase in prime office rentals, according… Read More>>
Singapore’s sovereign wealth fund is investing in Korean warehouses, Yanlord Land partners with Ping An for a RMB 4 billion project in Suzhou and a transplanted Chinese developer takes aim at another central Sydney site. Read on for all these… Read More>>
The potential growth of the fintech industry in Hong Kong will create office space demand from fintech companies, traditional finance institutions and fintech startups. The bulk of demand will be concentrated in the core and fringe CBD with portion of… Read More>>
Hong Kong home prices may be coming down, but the city still ranks tops for the world’s most expensive office space, according to a report released today by property consultancy JLL.
Renting prime space in Hong Kong now costs an… Read More>>
Despite evidence of an economic downturn in China, demand for Shanghai office space continues to climb this year. Meanwhile down in Hong Kong, home prices continue to slide while the city’s developers find themselves increasingly unable to compete on the… Read More>>
Hong Kong may have just experienced a year of street protests and falling retail sales, but the city has clung to its title as the world’s most expensive place to rent an office, according to a recent survey by property… Read More>>