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Hong Kong Budget Takes Aim at Reviving Property Market, Boosting Economy

Hong Kong announced its budget for the 2024-2025 financial year on Wednesday. The announcement came against a backdrop of a weakness in its property and equities markets, and concerns about the. ....

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Hong Kong's commercial developers must step up to charge up as city's growing EV fleet leaves a shortfall in charging stations, CBRE says

Commercial premises will need to step up and cover a huge predicted deficit of EV charging stations, while the recycling and storage of EV batteries may spur demand for industrial and warehouse space, the property consultancy says in a report. ....

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Influx of mainland Chinese F&B brands such as Hey Tea, Mixue could provide relief to Hong Kong's retail property market, analysts say

The F&B sector, which contributed nearly half of Hong Kong’s retail leasing demand last year driven by new Chinese restaurants, will continue to be the biggest source of demand in 2024 as well, according to CBRE. ....

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