JLL
JLL is a leading professional services firm that specializes in real estate and investment management. JLL is a Fortune 500 company with annual revenue of $19.4 billion in 2021, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021.
82.1% undivided shares of Yee Lin Mansion launched for collective sale
It will be sold via expression of interest.
82.1% undivided shares of Yee Lin Mansion launched for collective sale
It will be sold via expression of interest.
Grade A office vacancy climbs to 9.6% in July
JLL said it's the traditional low season for the office leasing market.
Sun Chun Street property in Tai Hang sold for $588.7m: JLL
The property was sold through public auction.
$175m-worth of residential units in SOHO district up for sale
It will be sold on an "as-is" basis.
Retail leasing momentum rises in July: JLL
This is as retailers grow more confident in the business environment.
Residential sales in July dampened by rate hikes
The average mortgage rate reached 2.5% by the end of the month.
Net effective rent of HK offices drop 0.1% MoM in July
Decline in rents was also observed across major office submarkets.
Industrial property leasing market remains subdued in July
Hong Kong suffered a spillover effect from lockdowns in Shanghai.
HK cuts hotel quarantine period down to 3 days
This will be followed by a 4-day medical surveillance.
Property at Sun Chun Street up for public auction
The property has a reserve price of $588.7m.
More than 80% shares of residential property at Kowloon on sale: JLL
The property is estimated to be worth over $180m.
Overall vacancy rate for Grade A office up slightly 9.4% in June
Vacancy rate in Central rose from 7.6% to 7.9%.
Hotel investments in HK swells 70.5% in H122
The market reported $3.9b (US$504m) total sales volume.
Commercial properties investment volumes down 37.9% in H122
It posted $29.2b worth of investment in the first half of 2022.
Residential prices to drop 5% to 10% due to high mortgage rates
Capital values of luxury residential will decline by 0% to 5%.
Fifth wave pushes back retail market in H122
Rents of high street shops and prime shopping centres dropped 9.8% and 4.8%, respectively.
Grade A office market logs net absorption of 1.25 million sq ft in H122
Leading the market in recovery is the Central segment.
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