Colliers
Colliers is a leading diversified professional services and investment management company. With operations in 62 countries,17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients.
See below for the Latest Colliers News, Analysis, Profit Results, Share Price Information, and Commentary.
Hong Kong is 3rd top source of cross-border property investments
Hong Kong firms directed US$4.9b in capital to Chinese real estate properties.
Greater Bay Area’s development boosts HK competitiveness
Hong Kong is in a unique position to enhance its role as an offshore renminbi service hub.
Office space at Wyndham Place up for sale
The asset comes with a single parking spot.
23rd floor of Bank of America Tower and 3 car parks up for sale
The property is ready for use.
En-bloc commercial buildings in Cheung Sha Wan up for sale
The property is valued at approximately $200m.
Industrial rents grow 1.4% in 2023
Renewals dominated the leasing market last year.
Grade A office rents drop 6.5% YoY in 4Q23
By 4Q23, average rent stood at $52.9 per sq ft.
2023 sets the record for most failed bids in Hong Kong’s land supply history
Six of the nine tenders this year were unsuccessful.
Navigating challenges and seizing opportunities in Hong Kong’s self-storage sector
Hong Kong’s self-storage business evolved in four distinct stages. It first emerged in the mid-1990s when the concept was introduced from the US. The second stage saw rapid expansion, driven by rising demand due to the decreasing size of Hong Kong homes.
Hong Kong cap rates increase in Q3
The gross yield of commercial properties in Hong Kong ranges from 2.85%-4.60%.
Relaxation of property cooling measures a ‘band-aid solution’ - expert
The government has reduced Buyer’s Stamp Duty to 7.5%, amongst others.
Revival yet to come for Hong Kong’s real estate market
Only the retail market has demonstrated resilience, with high-street shop rents rising by 2.1% QoQ.
HK lands 4th in world's leading global capital markets ranking
The market's cross-border capital investments reached US$6.5b in 1H23.
Property market slump boosts occupiers’ and home buyers’ bargaining power
Real estate agents said tenants ask for up to 30% discount when renewing office leases.
ESG compliant workspaces fuel talent attraction
A Colliers expert tells occupiers to put ESG at the forefront when assessing location strategies.
More hotels pivot to co-living for better margins, stable cash flow
From 2020 to 1Q23, around 6 to 7 hotels have been acquired for conversion to co-living spaces.
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