Luxury Real Estate Blog and News
Hong Kong’s Central area has taken the prize for the world’s most expensive premium office rents for a fourth year running, according to global real estate consultant JLL.
Located at the heart of the Euroméditerranée site, La Marseillaise is a new office skyscraper for the city of Marseille designed by Jean Nouvel.
Li Ka-shing's CK Asset Holdings has sold his interest in The Center, the fifth-tallest building in Hong Kong, for $5.2 billion.
Rooms 10-12, High-Floor, Converntion Plaza, Wan Chai, with an area of 3,004 sq ft, has been changed hand for HKD 105 million, or HKD 35,000 per sq ft.
The entire floors of 22/F and 32/F of Far East Financial Centre in Admiralty, with a total GFA of 21,352 sq ft, was recently sold for HKD 650 million to a consortium.
The average rental cost for Central and Sheung Wan grade A office has risen to HKD189 per sq ft this year, superseded London in the UK and Financial Street in Beijing.
There was a significant rise in the number of commercial property investors ploughing money into Manchester’s office property market during the first six of the year, according to Savills.
After nearly a year in development, Dubai unveils an open-plan office constructed using an industrial 3D printer.