Shanghai
Real Estate News

Asia Pacific Commercial Property Investment Rebounds 35 Percent in Q3

Asia Pacific Commercial Property Investment Rebounds 35 Percent in Q3

Asia Pacific commercial real estate investment showed signs of recovery in the third quarter of 2020 with $35 billion in direct transactions committed between July and September 2020. Read More »


Hong Kong Office Market Still Feeling Negative Impacts of COVID Outbreak

Hong Kong Office Market Still Feeling Negative Impacts of COVID Outbreak

Global real estate consultant JLL's latest Property Market Monitor research is reporting this week that Hong Kong's overall Grade A office rents further contracted in September 2020. Read More »

Asia Pacific Corporate Tenants Confident of COVID-19 Recovery

Asia Pacific Corporate Tenants Confident of COVID-19 Recovery

Based on a new survey by international property consultant JLL, over 93 percent of corporate real estate leaders believe their business or recovery plans to mitigate the impact of the pandemic will be successful. Read More »

Hong Kong Luxury Home Sales Plummet to 4-Year Low in 2020

Hong Kong Luxury Home Sales Plummet to 4-Year Low in 2020

In the midst of the COVID-19 outbreak and deepened economic weaknesses, monthly transactions volume of high-end residential properties in the first half has dropped visibly compared to previous years in Hong Kong. Read More »


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Global Property Spotlight

The Landings - (St. Lucia, West Indies)

The Landings - (St. Lucia, West Indies)

While investors in Sunbelt real estate have watched their property values slip and slide over the past year, those who discovered the tiny island of St. Lucia have smiles on their faces. Read More »

Last Updated November 10, 2020 9:02 AM ET

Shanghai Property News

Much weaker commercial real estate investment volumes in the second quarter of 2020 reflect the impact of lockdown measures and border controls enacted to combat the COVID-19 crisis.

Residential sales are anticipated to fall sharply in the short run, as new projects slated for sales will likely be postponed when the third wave of COVID-19 continues to hit the city.

Global property consultant JLL is reporting this week that the full impact of the COVID-19 pandemic was felt deeper in Asia Pacific real estate markets in the second quarter of 2020 than the previous quarter.

The primary growth node in the Greater Bay Area (GBA) as its concentration of highly innovative and technically-advanced industries could help stimulate economic development.

A number of global cities are seeing sales volumes continue to recover with April looking to be the low point for residential activity.

Hong Kong's Central's Grade A office rents fell 2.7% to HKD 102.4 per sq. ft in May 2020 as the vacancy rate reached 5% for the first time since the Global Financial Crisis in 2008.

As businesses prepare to return to the office amid an easing of lockdown restrictions across Asia Pacific, many are considering how their corporate real estate portfolios should look in the 'new normal'.

Hong Kong's unemployment rate has increased progressively to a nine-year high amid the COVID-19 pandemic and social tension. The rising unemployment rate in the city is putting pressure on local housing prices.

Only 40 apartment flats from two new mass residential projects have been launched in the primary market one month after the Chinese New Year (January 25, 2020), compared to the past three years' average of around 530 flats.

According to global property consultant Knight Frank's latest Wealth Report 2020 reveals that private capital was responsible for $333 billion of all commercial real estate purchases in 2019, a 5% rise on the previous year.

U.S. net-lease investment reached record highs in 2019, with investors increasingly attracted to opportunities in high-growth secondary and tertiary markets.

With the longest global economic expansion on record, international commercial property investors now face an increasingly complex calculus.

International property consultant CBRE is reporting this week that global commercial real estate investment volume in Q4 of 2019, including entity-level deals, was nearly level (-0.5%) with Q4 2018, while full-year volume fell by 2% from 2018.

According to JLL in its Macau Year-end Property Review 2019, impacted by the cautious investment sentiment caused by the global economic uncertainty, all property sectors in Macau experienced a significant fall in transaction volume last year.

As Hong Kong's office market continues to reel from the impacts of the local social movement and economic uncertainties, leasing across all business districts in Hong Kong have been subdued.

According to global real estate consultant Knight Frank, home prices across 56 countries and territories worldwide are rising at an annual rate of 3.7% on average. This marks the index's slowest rate of growth for over six years.

The longest bull market in Hong Kong's property market history has come to an end in the second half of 2019 due to the local social unrest with Mainland China, and related economic uncertainties surrounding it.

126 buildings of 200 meters' height or greater were completed in 2019, including 26 "supertall" buildings of at least 300 meters' height, a new world record.


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