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Hong Kong Office Leasing - Jan 2023
"Rents are 30% from their 2019-peak, while vacant space surged to 6.6 million sq ft net in Q4."
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"Rents are 30% from their 2019-peak, while vacant space surged to 6.6 million sq ft net in Q4."
"A strong November bolsters year-to-date take-up figures"
"The overall outlook appears to be stable, and only modest corrections were observed over the past half-year. Indeed adjustments stemmed primarily from the widening gap between overperformers and underperformers. The large supply scheduled for completion over the next few years may accelerate the bifurcation. Competition for tenants may result in the continued struggle of poorly priced and older properties."
"For economic and social success, cities need to create places where people love to be, whilst nurturing the people who live in them – it is in these ways that cities can build connected communities"
"There’s never been a more opportune time to create happy workplaces that can support both the business and local community, creating more inclusive places to work and generating and nurturing communities, both inside and outside of the office"
"Upward yield movement across the market"
"Flurry of end-of-year bids to reveal true investor sentiment"
"While the existing CBD has limited availability, Thu Thiem New Urban Area (NUA) will deliver several new Grade A office projects in the next two years."
"Green properties first appeared in Viet Nam in the mid-2000s, however, there are still less than 250 green-certified properties."