The WPJ

China

Hong Kong Office Market Aided by Flex Space Operators Continued Expansion

Based on JLL's latest Hong Kong Property Market Monitor Report released this week, Hong Kong's Grade A office market recorded net absorption of 157,000 sq ft in September 2022. Flex space operators remained active in the office leasing market and continued to expand their footprints in core business locations.

Asia Pacific Commercial Investment Dips 29 Percent as Economic Storm Clouds Gather Worldwide

According to JLL's recently released Asia Pacific Capital Tracker for the third quarter of 2022, commercial investment volumes declined by 29% year-on-year in the third quarter of 2022, reaching $28 billion.

Luxury Residential Rental Rates Have Peaked, Worldwide

According to international property broker Knight Frank, growth in prime global rental markets appears to have peaked following months of rapid gains fueled by a substantial imbalance of supply relative to demand.

Global Hotel Investment Activity in Asia Pacific to Rise 80 Percent in 2022

According to JLL's Hotels & Hospitality Group's latest Global Hotel Investor Sentiment Survey, approximately 80% of investors plan to be net buyers in 2022.

China Property News












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