https://www.scmp.com/rss/521900/feed Cushman & Wakefield Core: A leading entity in the Real Estate Services sector, Dubai-based Cushman & Wakefield Core is a joint venture in the UAE, established in 2008 as the region’s first and largest commercial real estate brokerage. It specialises in comprehensive real estate advisory, brokerage, and capital markets services, serving private and institutional clients, including government entities and global corporate occupiers. As an independently operated affiliate of the global Cushman &... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Cheryl Arcibal Cheryl Arcibal Prime office supply in mainland Chinese cities and Hong Kong is estimated to peak this year, while demand remains hampered by an economic slowdown and global uncertainties, according to Cushman & Wakefield. At the end of 2025, premium office inventory in 21 major cities in Greater China – including Hong Kong, Beijing, Shanghai, Shenzhen and Guangzhou, as well as Taiwan – amounted to 99.2 million square metres (1.07 billion sq ft), up 4.6 million square metres or 8.4 per cent from a year earlier,... https://www.scmp.com/business/article/3348648/mainland-china-hong-kong-premium-office-supply-peak-demand-lags-cushman-says?utm_source=rss_feed https://www.scmp.com/business/article/3348648/mainland-china-hong-kong-premium-office-supply-peak-demand-lags-cushman-says?utm_source=rss_feed Wed, 01 Apr 2026 08:30:13 +0000 Peggy Ye Peggy Ye Escalating tensions in the Middle East could redirect global wealth flows and support demand for Hong Kong property, as investors seek stable financial hubs amid rising geopolitical uncertainty, analysts say. The shift comes as global wealth migration increasingly reshapes luxury property markets from Sydney to Dubai and Hong Kong. Citigroup said in a report released on Monday that prolonged instability in the region could prompt capital and talent to move out of the Middle East. The report said... https://www.scmp.com/business/banking-finance/article/3346217/hong-kong-property-could-gain-middle-east-turmoil-reshapes-global-wealth-flows?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3346217/hong-kong-property-could-gain-middle-east-turmoil-reshapes-global-wealth-flows?utm_source=rss_feed Wed, 11 Mar 2026 09:00:08 +0000 Jolene Otremba Jolene Otremba K.K. Chiu is reimagining Hong Kong’s real estate future by helping to shape the next chapter for the city through technology, housing and long-term commitment. Few executives have witnessed Hong Kong’s real estate evolution as closely - or continuously - as K.K. Chiu, Chief Executive of Greater China at Cushman & Wakefield. With more than 40 years in the industry, Chiu has advised clients through market booms and downturns, political transition, and the growing influence of technology on how... https://www.scmp.com/presented/business/topics/c-suite-game-changers/article/3345953/valuation-vision-reinventing-hong-kongs-real-estate-landscape?utm_source=rss_feed https://www.scmp.com/presented/business/topics/c-suite-game-changers/article/3345953/valuation-vision-reinventing-hong-kongs-real-estate-landscape?utm_source=rss_feed Tue, 10 Mar 2026 21:00:08 +0000 Peggy Ye Peggy Ye Developers in Hong Kong are testing the housing market’s recovery by nudging prices up or paring discounts as improving sentiment and a rebound in transactions boost confidence in the city’s property sector. But analysts said the moves remained uneven, with many newly launched projects still offering sizeable concessions as developers continued to prioritise clearing unsold inventory accumulated during the market downturn. New World Development plans to cut the discount offered under the 120-day... https://www.scmp.com/business/markets/article/3345774/hong-kong-developers-test-home-market-recovery-raising-prices-trimming-discounts?utm_source=rss_feed https://www.scmp.com/business/markets/article/3345774/hong-kong-developers-test-home-market-recovery-raising-prices-trimming-discounts?utm_source=rss_feed Mon, 09 Mar 2026 01:30:11 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s battered office sector showed cautious signs of life in 2025, supported by improved take-up in core districts and a slower pace of rental declines and –. while analysts said that trend was set to continue into 2026 – rents were unlikely to rise over the next six months. The coming year was expected to build on the market’s momentum, with stabilisation emerging as the dominant theme, analysts said. Vacancy rates in prime assets in core districts were likely to steady further, but... https://www.scmp.com/business/article/3338546/hong-kong-office-leasing-rebound-lifts-outlook-2026-rents-remain-under-pressure?utm_source=rss_feed https://www.scmp.com/business/article/3338546/hong-kong-office-leasing-rebound-lifts-outlook-2026-rents-remain-under-pressure?utm_source=rss_feed Mon, 05 Jan 2026 00:30:25 +0000 Peggy Ye Peggy Ye Taiwanese brand Nap Tea drew long lines when it opened its first Hong Kong store in Mong Kok in February. The chain has since expanded aggressively, opening its ninth outlet in the city this month. “What truly surprised us was our breakthrough in quickly building a loyal base of repeat customers,” said co-founder Dan Lin. “Rent is indeed a major challenge in the Hong Kong market, but it proves that as long as the product is strong enough, it can overcome the pressure of high costs.” Co-founded... https://www.scmp.com/business/article/3336285/new-entrants-steady-hong-kong-retail-property-sector-absence-luxury-giants?utm_source=rss_feed https://www.scmp.com/business/article/3336285/new-entrants-steady-hong-kong-retail-property-sector-absence-luxury-giants?utm_source=rss_feed Sun, 14 Dec 2025 23:30:11 +0000 Peggy Ye Peggy Ye A company linked to the family of late Macau casino pioneer Fu Tak-iam bought a serviced-apartment property in Hong Kong’s Wan Chai district for about HK$550 million (US$71 million) amid renewed investor appetite for rental assets in the city. Pleasure Properties was identified as the buyer of CHI 138, a 107-unit serviced-apartment property at 136 Johnston Road and 2 Stone Nullah Lane, according to the Land Registry. The sale took place on November 11 and was registered on Tuesday. Companies... https://www.scmp.com/business/article/3335941/late-casino-tycoon-fu-tak-iams-family-buys-hong-kong-serviced-flats-us71-million?utm_source=rss_feed https://www.scmp.com/business/article/3335941/late-casino-tycoon-fu-tak-iams-family-buys-hong-kong-serviced-flats-us71-million?utm_source=rss_feed Thu, 11 Dec 2025 00:30:07 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s Tsim Sha Tsui remained the world’s fourth most expensive retail strip with rents at US$1,515 per square foot per year, as two other core shopping districts in the city – Causeway Bay and Central – also ranked among the Asia-Pacific’s priciest shopping locations, according to Cushman & Wakefield. London’s New Bond Street jumped two spots from last year to emerge as the world’s most expensive retail district, according to the real-estate services consultancy’s 35th “Main Streets Across... https://www.scmp.com/business/article/3333415/hong-kongs-tsim-sha-tsui-holds-ground-worlds-fourth-priciest-shopping-district?utm_source=rss_feed https://www.scmp.com/business/article/3333415/hong-kongs-tsim-sha-tsui-holds-ground-worlds-fourth-priciest-shopping-district?utm_source=rss_feed Wed, 19 Nov 2025 09:53:57 +0000 Cheryl Arcibal,Salina Li Cheryl Arcibal,Salina Li Hang Seng Bank chief operating officer Vivien Chiu Wai-man has paid HK$40 million (US$5.14 million) for a 1,651 sq ft luxury flat in Happy Valley, joining a growing list of top business executives and affluent residents who are buying high-end real estate in Hong Kong amid an improving property market. The flat in Beverly Hill on Broadwood Road was handed over to Chiu on October 6, according to Land Registry records. Chiu paid HK$24,228 per square foot for the flat, which was a record this year... https://www.scmp.com/business/banking-finance/article/3328392/hang-seng-bank-coo-pays-us514-million-luxury-flat-happy-valley?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3328392/hang-seng-bank-coo-pays-us514-million-luxury-flat-happy-valley?utm_source=rss_feed Thu, 09 Oct 2025 10:04:32 +0000 Salina Li Salina Li Hong Kong’s largest flex-office provider, International Workplace Group (IWG), has opened a new 10-storey facility in Central, as the rise in stock market confidence and listing activities supported the recovery in the city’s office market, according to property consultants. IWG on Wednesday opened the company’s 22nd workspace location in Hong Kong at The Voeux, located at 102-104 Des Voeux Road, which offers more than 6,400 square feet of flexible office space to cater to the needs of... https://www.scmp.com/business/article/3328265/hong-kongs-largest-flex-office-provider-opens-new-workspace-facility-demand-improves?utm_source=rss_feed https://www.scmp.com/business/article/3328265/hong-kongs-largest-flex-office-provider-opens-new-workspace-facility-demand-improves?utm_source=rss_feed Wed, 08 Oct 2025 12:13:39 +0000 Nicholas Spiro Nicholas Spiro Every quarter, MSCI publishes a ranking of the most actively traded cities in Asia’s commercial property investment market. As recently as 2022, the most widely traded metropolises included major capitals such as Tokyo and Seoul, as well as leading cities such as Shanghai and Sydney. Fast forward to 2024 and the ranking was more diverse. Chiba, the prefecture just east of Tokyo, and Osaka, Japan’s third-biggest city, were among the top 10 for the whole of last year. Moreover, in the first... https://www.scmp.com/opinion/asia-opinion/article/3320636/why-osaka-bengaluru-and-johor-are-overlooked-drivers-asia-property?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3320636/why-osaka-bengaluru-and-johor-are-overlooked-drivers-asia-property?utm_source=rss_feed Mon, 04 Aug 2025 08:30:09 +0000 Cheryl Arcibal Cheryl Arcibal Dubai and Abu Dhabi are jockeying to become the United Arab Emirates’ (UAE) top luxury property market amid increasing demand from Chinese buyers, according to agents. While Dubai was way ahead in terms of popularity, Abu Dhabi was increasingly finding favour with investors owing to its value proposition, according to Juwai IQI, a real estate broker with more than US$4 trillion in property listings globally on its platform. “Dubai and Abu Dhabi are similar markets in terms of product and... https://www.scmp.com/business/article/3315807/dubai-and-abu-dhabi-vie-attract-chinese-luxury-property-buyers?utm_source=rss_feed https://www.scmp.com/business/article/3315807/dubai-and-abu-dhabi-vie-attract-chinese-luxury-property-buyers?utm_source=rss_feed Thu, 26 Jun 2025 00:30:09 +0000