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  • April 20, 2014
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  1. Property - Hong Kong & China - CONCRETE ANALYSIS

    Mandatory energy audits force Hong Kong building owners to review use

    Posted Jan 08th 2014, 05:35am by ROBERT ALLENDER

    ... Robert Allender Costs are high, but law has forced reluctant building owners to review their consumption City energy audits prove their worth Mandatory energy audits- snake or ladder? ... improvement measures would not even be cursorily considered without irrefutable evidence that they would pay for themselves in two years, or even one, the owners of the 1,000 commercial buildings ...

  2. Property - International - CONCRETE ANALYSIS

    Firms from China to join individuals in new phase of outbound property investment

    Posted Mar 11th 2014, 02:23pm by Joel Rothstein

    ... buildings, shopping malls, hotels and construction projects. There are several key trends to watch in the new phase. Sovereign wealth funds are key participants around the world in cross-border real ...

  3. Property - Hong Kong & China - CONCRETE ANALYSIS

    More firms looking beyond Central for office space in coming years

    Posted Feb 19th 2014, 05:10am by GAVIN MORGAN

    ... renowned central business districts. It also contains some of the most valuable office real estate in the world, despite a wide variety of building specifications. This, together with a dearth ... to grow, with green buildings viewed as more attractive and marketable. This may become a competitive advantage in future, with landlords passing energy savings on to occupiers in a part ...

  4. Property - Hong Kong & China - CONCRETE ANALYSIS

    Energy efficiency law for buildings will have big impact

    Posted Oct 03rd 2012, 12:00am by ROBERT ALLENDER

    ... Robert Allender property.post@scmp.com New ordinance will affect every company that is a full or part owner of space in a commercial building, so study it well Getting to grips with energy law Decision-makers for any company that owns or leases commercial property in Hong Kong would be well advised to familiarise themselves with the Buildings Energy Efficiency Ordinance which ...

  5. Property - Hong Kong & China - CONCRETE ANALYSIS

    Looking farther afield

    Posted Oct 10th 2012, 12:00am by RHODRI JAMES

    ... in the best buildings to satisfy their requirements. However, at a time when a growing number of companies have become more cost conscious, the lack of space in decentralised areas is acute. ... stock in the Hong Kong market, the number of premises with vacant space of more than 25,000 square feet has fallen only recently to just 19 buildings. Almost all of these are located on Hong ...

  6. Property - Hong Kong & China - CONCRETE ANALYSIS

    Swire Properties' swoop for Kowloon Bay site a good sign for CBD2

    Posted Nov 13th 2013, 04:01am by PAUL HART

    ... The bid represents an accommodation value of HK$4,753 per square foot. Despite having unusual land lease provisions that prohibit strata sale and require the developer to build to high ... With the development of grade-A offices as well as tourism and leisure facilities at Kai Tak, combined with revitalised industrial buildings, East Kowloon is poised to be developed into a premier business ...

  7. Property - Hong Kong & China - CONCRETE ANALYSIS

    Shanghai focus turns to Hongqiao CBD

    Posted Oct 24th 2012, 12:00am by Thomas Lam

    ... that multinationals will view Hongqiao CBD as an alternative to the skyscrapers filling Shanghai's CBD areas. The timing of HTI's completion is a key factor. With Shanghai's tallest building ...

  8. Property - Hong Kong & China - CONCRETE ANALYSIS

    Lease modification rules logical and rational, says lands director

    Posted Oct 23rd 2013, 04:49am by BERNEDICT LINN

    ... will also be assessed on that basis. Likewise, if an existing building will be retained for conversion, both the "after value" and "before value" would be assessed reflecting the value of the existing building. In most cases a private lot owner may not apply for a lease modification for redeveloping the lot unless the existing building is ripe for redevelopment. To adopt ...

  9. Property - Hong Kong & China - CONCRETE ANALYSIS

    Cities work hard to lure big business

    Posted Nov 06th 2013, 05:10am by Jade Tan

    ... buildings, a lack of diversity in the right location can be a problem when firms respond to changing occupational requirements. Not only is Hong Kong's office stock scarce, it is also ageing, ... buildings are owned on a floor-by-floor (strata-titled) basis, or sometimes even a unit-by-unit basis, makes it difficult to replace older buildings or upgrade existing stock. Indeed, ownership ...

  10. Property - Hong Kong & China - CONCRETE ANALYSIS

    Hong Kong's lease-modification policy is fundamentally flawed

    Posted Oct 16th 2013, 12:00am by JOHN CORRIGALL

    ... in many cases the value of the lot unmodified, the "before" value, lies in the land and buildings. Consider a lot with an industrial-user clause built to the maximum permitted plot ratio ... down such a building only to build another one, and yet, in spite of this, the Lands Department is bound by policy to allow only the cleared-site value. The premium sought well exceeds ...




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