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.
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.
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.
According to CBRE research, the size of the global retail market totalled $15.6 trillion in 2021, with Asia Pacific accounting for a 40% share. While the pandemic has accelerated the growth of e-commerce, offline retail remains the dominant sales channel.
According to international property consultant Knight Frank, global housing markets defied the odds in Q2 of 2022. While many expected a notable slowdown in the second quarter of 2022, both in terms of the index's overall performance, and in relation to the number of countries seeing house price declines in annual terms. Neither materialized.
Posted on September 02, 2022
Posted on May 31, 2022
Posted on May 24, 2022