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Asia Pacific Specialty Hub
The Asia Pacific Specialty Hub provides a comprehensive overview of growing sectors across the region. View the latest trends and insights for Data Centres, Logistics & Industrial, Capital Markets and Sustainability & ESG.
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Diamond Plaza
Diamond Plaza • Office
  
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155 Clarence Street • Non-Profit
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Recent Greater China News

China Top Office Supply & Demand Trends Report 2023
Return to Office Recovery in 2023: Greater China Top Office Supply/Demand Trends Report 2023

Cushman & Wakefield has released its annual Greater China Top Office Supply/Demand Trends report. According to the report, by end of Q4 2022, the total Grade A office inventory in the core markets of the 21 major cities in Greater China that the firm tracks totalled 65.3 million sq m. Total premium core city office net absorption across the Greater China market for the whole year was 1.0 million sq m, a drop of 74.3% from the figure registered at the end of Q4 2021.
 

Mandy Qian • 16/03/2023

HK Residential Market Report Q1 2023
Border Reopening With Mainland Supported Q1 Market Recovery

With the border reopening between Hong Kong and mainland China enacted in early February, coupled with the reduction of Ad Valorem Stamp Duty (AVD) in the 2023/2024 Budget, property buyers have regained confidence in the residential market, with prices rebounding. Residential transactions picked up in Q1 and are expected to record an increase of 49% q-o-q, to approximately 12,500 transactions.
 

Rosanna Tang • 16/03/2023

Hong Kong GBA Market Report Year End 2022
Greater Bay Area Residential and CRE Investments to Takeoff Amid Border Reopening

The Greater Bay Area’s residential market slowed noticeably in 2022 in the wake of the pandemic, with overall transaction numbers and secondary home prices both dropping. In contrast, transactions in the CRE market held up well. The relaxation of quarantine measures in the mainland, coupled with the border reopening, should bring greater positivity to overall market sentiment in 2023, and support a pick-up in transactions in both residential and CRE investment markets.
 
 

11/01/2023

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