Hong Kong Real Estate News
Hong Kong
COVID Still a Drag on Hong Kong's Office Market
Net absorption in the overall office market continued to decrease to -10,900 sq. feet in August 2021. There were still some corporate downsizing activities due to the pandemic but those were largely offset by the upgrading demand and expansion of the flexible office space sector.
Logistics Explosion Drives Record Warehouse Absorption in Asia Pacific
According to a new survey by CBRE, logistics occupiers have big plans to expand their warehouse footprint in Asia Pacific over the next three years on the back of growing optimism about the operating environment.
Global Home Prices Spike 9.2 Percent in Mid-2021
The pandemic-induced housing boom continues with prices rising by 9.2% on average across 55 countries and territories in the year to June 2021.
Asia Pacific on Pace For Record Year of Data Center Investment
Global property consultant CBRE is reporting that data centre investment in APAC is set for a record year, with $1.8 billion in direct data centre investments transacted in the first half of 2021.
