Cushman & Wakefield

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Hong Kong’s Tsim Sha Tsui holds ground as world’s fourth priciest shopping district

Hong Kong’s Tsim Sha Tsui remained the world’s fourth most expensive retail strip with rents at US$1,515 per square foot…

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New Business

Hong Kong retailers cheer sales boom, but shop rental hikes may not follow any time soon

Ever since Hong Kong’s retail sector shook off 14 months of consecutive declines in May, analysts have been speculating whether…

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New Business

COO of Hong Kong’s Hang Seng Bank pays US$5.14 million for luxury flat in Happy Valley

Hang Seng Bank chief operating officer Vivien Chiu Wai-man has paid HK$40 million (US$5.14 million) for a 1,651 sq ft…

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New Business

Hong Kong’s largest flex-office provider opens new workspace facility as demand improves

Hong Kong’s largest flex-office provider, International Workplace Group (IWG), has opened a new 10-storey facility in Central, as the rise…

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New Business

New trend among fashion brands: setting up cafes to drive up store traffic

A new trend has emerged in Hong Kong’s commercial property landscape as the retail sector slowly recovers: non-food and beverage…

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New Business

Outlook clears for Hong Kong property market with rate cuts imminent, JPMorgan says

The worst seems to be over for Hong Kong’s property sector, with more investors likely to snap up distressed assets…

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New Business

CK Asset’s first-half profit falls 26% amid Hong Kong property market challenges

CK Asset Holdings, one of the flagship companies owned by billionaire Li Ka-shing’s family, reported weaker-than-expected first-half profit amid a…

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New Business

Slowing decline in Hong Kong office rents unlikely to benefit distressed landlords

The decline in Hong Kong’s office rents slowed in the second quarter amid rising leasing demand from finance and law…

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New Business

Earthquake jitters sway Thailand’s office market, send tenants scrambling for low-rises

The earthquake that shook Myanmar and Thailand in March has weighed on office property demand in Bangkok, with some tenants…

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New Business

Asia-Pacific office tenants eye flexible spaces, short leases as trade war pressures rents

Tenants in Asia-Pacific’s commercial property market are likely to seek flexible office spaces and sign short-term leases, avoiding long-term commitments…

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