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Global Hotel Investor Outlook for 2017 Revealed

Global Hotel Investor Outlook for 2017 Revealed

According to a new report by JLL Hotels & Hospitality Group, the flurry of hotel mergers and acquisitions seen in 2016, with high-profile deals such as Marriott International's acquisition of Starwood Hotels & Resorts. Read More »


Five of Top 30 of World's Most Dynamic Cities of 2017 in China, Says JLL

Five of Top 30 of World's Most Dynamic Cities of 2017 in China, Says JLL

The world's most dynamic cities in JLL's fourth annual City Momentum Index (CMI) share the ability to embrace technological change, absorb rapid population growth and strengthen global connectivity. Read More »

Global Tectonic Shifts in Logistics Now Being Driven by E-commerce

Global Tectonic Shifts in Logistics Now Being Driven by E-commerce

According to the newly released Last Mile / City Logistics Report from CBRE, the rapid rise of e-commerce has driven the most disruptive movement to the industrial & logistics industry, transforming the way we think about industrial real estate. Read More »

Hong Kong's Steep Stamp Duty Tax Fails to Curb Property Price Growth

Hong Kong's Steep Stamp Duty Tax Fails to Curb Property Price Growth

According to JLL's Hong Kong Residential Sales Report released this week, JLL's mass residential capital value index climbed 0.5% over the last two months. Read More »


Global Property Spotlight

Golfito Marina Village & Resort - (Costa Rica)

Golfito Marina Village & Resort - (Costa Rica)

Costa Rica's Newest Luxury Superyacht Destination Now Under Construction Read More »

Last Updated February 17, 2017 10:03 AM ET

Hong Kong

China has hit a record of $33 billion in overseas commercial and residential property investment in 2016, an increase of nearly 53 percent year-on-year.

According to JLL's Hong Kong Residential Sales Market Report published this week, a rise in borrowing rates and stamp duty taxes are significantly impacting Hong Kong's residential market.

According to JLL's Year-end Hong Kong Property Review 2016 published this week, the launch of Shenzhen-Hong Kong Stock Connect is expected to further support demand from PRC financial services firms in Central Hong Kong.

According to JLL's Year-end Hong Kong Residential and Land Market Review 2016, notwithstanding the latest stamp duty measure, residential prices are expected to rise up to 5% next year.

According to Cushman & Wakefield's latest Main Streets Across the World report, Miami's Lincoln Road remained the fourth most expensive retail street in the Americas with average rents of $325 per square foot per year.

According to CBRE's Q3 2016 MarketView data for the Asia Pacific region, overall property investment turnover during Q3 picked up slightly with an increase in transaction volume of 5.6% quarter-on-quarter to $24.6 billion.

According to the MIAMI Association of Realtors, the Miami single-family home market enjoyed its best August in history, breaking a 22-year record for the most ever August single-family home sales.

It's been a year since China surprised the world by allowing greater flexibility in the renminbi exchange rate, resulting in its drop in value by a record 1.9 percent against the US dollar.

A newly launched index that derives the price of prime residential and commercial development land in 13 major cities across Asia, saw mixed results in the first half of 2016.

The financial sector is facing multiple challenges, including tighter regulations, economic uncertainty and technological changes.

According to JLL's latest Hong Kong Property Market Monitor Report, a widening rental gap between core and non-core office areas saw decentralisation gather pace in July 2016.

According to global real estate consultant JLL's Hong Kong Residential Sales Market Report, recent signs of stabilization of Hong Kong's residential property sales do not indicate the property market has turned a corner.

According to the Miami Association of Realtors, non-distressed Miami single-family home sales increased 11.3 percent in June 2016 as median home prices rose for the 55th consecutive month.

The Macau property market continued to consolidate in 1H16, albeit at a slower rate, following 25 consecutive months of decline in the city's gaming revenue.

According to global real estate consultant JLL, mass residential property prices in May 2016 have dropped 8.3% on the year in Hong Kong.

Hong Kong is constrained by a weakening economy and uncertainties around the market continues, local developers are adopting an increasingly conservative bidding strategies in government land sales.

Hong Kong has become the world's highest-priced office market as Asia continued to dominate the list of the world's most expensive office locations, accounting for seven of the top ten markets.

According to CBRE's second-edition of Four Quadrants Asia Pacific, as several interest rate cuts were recorded across the region, debt financing turned more active while the equity funding market slowed down.


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