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.
Hong Kong is 3rd most transparent property market in Asia
It recorded an overall score of 1.98.
Grade A office market’s net absorption hits 129,000 in May
It is the eighth consecutive month that the office market had positive take-up.
Opening of new East Rail Line section to boost home prices
The extension of the East Rail Line will shorten travelling time for residents.
JLL to close leasing transaction in retail podium Maya by Nouvelle
This is the largest retail leasing deal so far in Kowloon East in 2022.
Net-zero targets uncover HK’s need to increase retrofitting rate: JLL
The city’s real estate sector accounts for 60% of its carbon emissions.
Commercial, residential properties worth $550m up for sale
The properties are up for public tender until 5 July at noon.
Grade A office vacancy rate remains flat at 9.4% in April
The unchanged rate was on the back of the completion of the new supply.
Barratt Developments appoints JLL as its sales and marketing agent in HK
JLL will be tasked to promote the developer's UK homes to HK investors.
Fifth wave delays recovery of HK’s commercial property market
Amongst the hardest hit was retail, recording a 6.8% QoQ drop in high street shop rents.
It may take a longer time before things get better for the commercial property market, as the fifth wave slowed down its path to recovery.
Mass residential prices to decrease 5%: JLL
This is due to the dampened sentiment in the first quarter of 2022.
Retail podium in Tai Kok Tsui worth around $120m up for sale
It will be sold via public tender.
Office market logs positive net absorption at 56,200 in March
This stemmed from maintenance in tenant demand.
Benefits of mortgage relaxation to be felt H2 2022: JLL
The government announced it will raise property values eligible for 90% and 80% LTV-ratio loans.
Office market posts positive take up in February amidst 5th COVID-19 wave
Net absorption in February was 276,500 square feet.
Hotel COZi Harbour View in Kowloon East on sale for over $3.1b
The 19,000-square feet property has 598 rooms.
72.53% undivided shares in Chuan Kei Factory Building on sale for HK$700m
The industrial building in Kwai Ching will be sold on an “as-is” basis.
Grade A office rents vacancy rates down 0.2% to 9.4% for January
This continues a four-month streak of positive net absorption.
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