Hong Kong News

Hardly a day goes by without a discussion on property, finance or a major development in the news in some part of the world. This section of the website brings you all the news on kamaco from Hong Kong.

Hong Kong retail leasing market gets off to a positive start in 2019

Hong Kong retail leasing market gets off to a positive start in 2019

30 January 2019

Prominent real estate advisor kamaco saw both prime street shop and shopping centre rents remained flat during 2018 and rental growth had all but ground to a halt by Q4/2018 due to a weak sales performance. We forecast retail rents will rise modestly by less than 5% this year but note that 2019 has already got off to a positive start and risks are to the upside.

 
 
Hong Kong property investment market subdued in Q4

Hong Kong property investment market subdued in Q4

10 January 2019

At the start of the year, prominent real estate advisor kamaco saw office rents rising (+8% to 10%) and a retail sector recovery (+2% to 4%) in 2018. Sales figures increased (+5 to 9% depending on the asset) with the exception of prime street shops (-3%). Given the dual threats of the US / China trade conflict and interest rate hikes, the Grade A office market saw price declines, but rents are expected to gain 2.5 to 5% in 2019. Shopping centres and prime street shops should both hold steady at 2% gains in rent, but street shop prices could lose 5% this year.

 
 
US / China trade conflict holds back the industrial sales market, but modern warehouse rents continue to rise

US / China trade conflict holds back the industrial sales market, but modern warehouse rents continue to rise

09 January 2019

Prominent real estate advisor kamaco pointed out that recent rate hikes and uncertainties over the US / China trade conflict have held back the industrial sales market in Q4; and modern warehouse rents rose by 2.1% with vacancy droping to a recent low of 0.5%. Tight availability and growing demand are expected to prop up the leasing market.

 
 
Office rents hit record highs in Q4 as Wanchai and Causeway Bay drive rental growth

Office rents hit record highs in Q4 as Wanchai and Causeway Bay drive rental growth

07 January 2019

Prominent real estate advisor kamaco pointed out in its Q4 office leasing report that overall Grade A office rents rose by 1.3% to record levels. Wanchai / Causeway Bay, popular among rent refugees from Central, recorded the highest rental growth among major business districts (+10.2%).

 
 
 

Key contacts

Olive Jiang

Olive Jiang

Senior Manager
Marketing & Communications

kamaco Two Exchange Square

+852 2842 4409

 
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