CB Richard Ellis Hong Kong recently sold Number 514 Lockhart Road in Hong Kong for 28 million Hong Dollars for a 921 square foot site.
As you can see from the picture it’s not a prime property and anyone familiar with Hong Kong would know that Lockhart Road is a secondary retail location.
In Thai terms it equates [...]
Bangkok – 20 January 2010 – 2009 was a challenging year for the Thai property market, but CB Richard Ellis (CBRE) sees positive signs for 2010. Whilst 2009 has been a tough year, it was not as bad as many expected.
2010 has begun with a more positive market sentiment. The improving economic outlook globally and [...]
Bangkok Retail MarketView Q3 09
Although there is still downward pressure on rents, retail rents slightly increased in line with the economic recovery. The Consumer Confidence Index (CCI) and retail sales both saw an increase in Q3. Overall, there are signs of improvement in the retail sector, however continued improvement will depend on the speed of [...]
London, 19 November 2009 – Germany has emerged as the number one target destination for retailers looking to expand their international presence in the Europe, Middle East and Africa (EMEA) region in 2010, according to new research from CB Richard Ellis. The report – How Active are Retailers in EMEA? – reveals that 47% of [...]
