Welcome to Colliers REview Hong Kong, a blog featuring our latest insights, views and perspectives on the real estate and property market, as well as a showcase of what life at Colliers from the people who live and work here Monday to Friday.
Sep 2, 2020Recentralisation – seizing the flight-for-quality options in the CBD
In Hong Kong, the heightened US-China geopolitical tension coupled with the fluctuation of the COVID-19 pandemic locally has continued to weigh on the office rental performance. In 2020, we forecast overall Grade A office rents will fall 14% YOY, with a bigger correction of 18% YOY in the CBD (Central and Admiralty).Read More
Aug 17, 2020What next for New Central Harbourfront Site 3?
On 26 June, the Government announced that the New Central Harbourfront Commercial Site 3 will be included in the Land Sale Programme of July to September 2020. Having considered the prime location of Site 3 and its design requirements, a “two-envelope” approach will be adopted by the Government for tendering both the design and price submissions.Read More
Aug 12, 2020Valuation in the flexible workspace sector
The topic of flexible workspace valuation has been of interest to investors, asset owners, operators and debt providers alike, as the effects of COVID-19 have amplified the need for a clear and consistent approach to valuation, as the sector comes under scrutiny.Read More