香港地产:核心优质资产触底信号显现- 写字楼购置量回升-Hong Kong Property_ Upbeat Office Purchases Indicate Bottoming of Core Prime Assets
2025-12-16 03:27
Vi e w p o i n t | 12 Dec 2025 09:09:47 ET │ 11 pages Hong Kong Property Upbeat Office Purchases Indicate Bottoming of Core Prime Assets CITI'S TAKE Recent sizable office acquisitions by end-users — [1] JD.com agreed to purchase 50% of CCB Tower (Central) for HK$3.5bn from Lai Sun (0488.HK) (link, 9 Dec). With 111.6k sqft attributable GFA, the ASP of HK$31.3k/sqft is at 6.7% discount to independent valuation (by Jul'25). We estimate gross yield of c.3.8% assuming monthly rent at HK$100/sqft. [2] A local hig ...