Cushman & Wakefield

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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New Business

Ant Group executive pays US$10 million for Hong Kong villa, 35% lower than 2022 peak

Hong Kong’s luxury property market continues to witness heavily discounted sales, with buyers taking advantage of depressed prices. A four-bedroom,…

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New Business

Lower valuation is next ‘pain point’ for Hong Kong office landlords, S&P says

Office rents in Hong Kong are projected to slip to levels last seen in 2012, a scenario that would erode…

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New Business

Leasing momentum, lower interest rates unlikely to rescue Hong Kong’s distressed office landlords

Hong Kong’s office property market is likely to see more distressed sales in the medium term, as banks will need…

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New Business

More Hong Kong shops to close as retail habits change, shopping shifts online

With the shopping habits of both Hongkongers and visitors to the city going through a sea change, more brands and…

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