5+ day, 11+ hour ago   (412+ words) The city expanded its energy audit rules to 11 building types. Hong Kong building owners face greater pressure to improve energy efficiency as new rules expand energy audits and require technical data to be disclosed, making building performance more visible to…...

5+ day, 12+ hour ago   (527+ words) Grade A office prices remained 49% below their 2018 peak in Q2. Falling office prices and lower borrowing costs are prompting banks, mainland companies, and universities to buy offices in Hong Kong instead of leasing them. “Prime assets with strong fundamentals, conversion potential,…...

6+ day, 10+ hour ago   (244+ words) Tertiary student numbers could rise by 150,000 by 2035. Hong Kong could see an additional 150,000 tertiary students by 2035, creating demand for 15 million to 23 million square feet of academic space and more than 70,000 student accommodation beds, according to CBRE. The property consultancy said…...

1+ week, 4+ day ago   (319+ words) Underlying profit fell 6.4% despite the reported earnings increase. Sino Land’s net profit rose 14.2% year on year (YoY) to $4.59b for the year ended 30 June, whilst underlying profit fell 6.4% to $4.79b. The increase in reported profit reflected a fall in the investment-property revaluation…...

1+ week, 6+ day ago   (285+ words) Relocation demand is projected to grow at least 10% in 2027. Luxury residential rents are expected to rise by 5% in 2026 as expatriate relocations to Hong Kong handled by Dwellworks climbed 20% year-on-year in the first half, according to a JLL report. Rents could…...

2+ week, 6+ day ago   (319+ words) The asset has approval for conversion into a 128-bed student hostel. A portfolio of properties at 90 Hung To Road, Kwun Tong, is being offered at an indicative price of approximately $220m, with Centaline Commercial and CBRE appointed as joint sole agents…...

3+ week, 3+ day ago   (209+ words) The insurer has occupied the district since 2011. Prudential Hong Kong Limited has signed an agreement with Swire Properties to expand its office accommodation at Taikoo Place, taking its total space there to approximately 83,000 square feet. Under the deal, Prudential will…...

3+ week, 4+ day ago   (249+ words) This reverses last year's tilt towards Singapore. More than 70% of funds establishing an Asian presence have opted for Hong Kong, as demand from financial firms helped push Grade A office vacancy to a 31-month low. The trend reverses last year's…...

3+ week, 6+ day ago   (153+ words) The properties will be sold on an "as-is" basis. A three-property office portfolio in the Central and Sheung Wan districts is up for sale, according to CBRE. The portfolio includes the entire 20th floor and 22nd floor of Bupa Centre at 141-143 Connaught…...