Reports & Articles

After Covid-19: New Trends of the Hong Kong Office Market 

06/07/2020 - Colliers

Colliers latest report looks at ‘recentralisation’ opportunities, the new role of technology and workplace wellness becoming an expectation, not a value-add strategy. Key highlights from the report:

  • Hong Kong’s overall CBD rental gap against non-core areas narrows under the impact of COVID-19 and anticipated to decline further by 2022
  • Space optimisation, cost-effectiveness of rental rates and flight-to-quality provide strategic drivers for Hong Kong’s tenant-centric office leasing market
  • Hong Kong’s Grade A office market in a consolidation phase with the CBD now offering ‘recentralisation’ options
  • CBD becomes tenant-centric as vacancy rates increase and cost-saving exercises become a priority

Click here to read the full report.

SVA Update – Sino-tensions – Implications for foreign participants in the Macau gaming sector

16/06/2020 - Steve Vickers & Associates Ltd

The steep deterioration in US China relations, coupled with the savage impact of the corona virus outbreak, pose serious threats to foreign firms engaged in the Macau gaming industry. Investors should be mindful of these risks.

Steve Vickers & Associates Ltd. share their insight on this topic here.

 

The British Chamber Position Paper

11/06/2020: British Chambers of Commerce in China 

The British Chamber Position Paper created by the British Chambers of Commerce in China to provide advocacy and representation on behalf of British businesses operating in China is now live. In these unprecedented times, there is more need than ever for British businesses to be able to speak with a strong, unified voice. British businesses across a range of sectors in Beijing, Shanghai, Guangdong and Southwest China come together to raise the regulatory barriers that they face, areas of opportunity for bilateral cooperation and recommendations for market access reform.

The Paper has been presented to the UK and China governments in order to directly inform trade policy and negotiations.

Key points from the paper are:

  • Strengthen the implementation of market reforms at all levels
  • Address longstanding and continuing concerns around cybersecurity and IT restrictions
  • Promote greater liberalisation of the capital account
  • Reduce the direct presence of state-owned enterprises in the market
  • Keep conversations on bilateral trade frequent and open

Download the full paper here.

Rethinking BCP post-Covid-19

26/05/2020: Arup

As the world reels from the massive impact of the Covid-10 pandemic, Business Continuity Planning has become one of the most pressing topics that organisations have to revisit. The aim of this article is to share the views on business continuity planning needs to incorporate the change impacts of emergency and recovery strategies, then to new Normal on People, Processes and Assets.

Click here to read the full article

 

Unprecedented times to explore hotel opportunities

19/05/2020: Colliers

The introduction of international travel restrictions and the closing of the border with Mainland China has had a major impact on tourism in Hong Kong. This has forced hoteliers and investors to consider whether to buy, sell or hold. The hotel sector is heavily dependent on tourism and business travel to generate revenue. While efforts have been made to create a ‘staycation’ market, 12-months of disruption has seen COVID-19 compound the negative impact of social unrest. The potential re-introduction of regular travel between Hong Kong and Mainland China provides optimism for recovery as pre-COVID-19 figures demonstrated cross-border travel contributed to 80% of the city’s inbound tourism.

Click here to read the full report to learn more about Colliers insights on Hong Kong’s hotel sector.

 

Major banks try to mitigate financial risks of climate change – but global response is inconsistent, reveals Mazars’ research

14/05/2020: Mazars

Mazars is pleased to share its latest research on how 30 of the largest banks across the world are responding to climate-related financial risks. The report, ‘How banks are responding to the financial risks of climate change’ reveals that major banks try to mitigate financial risks of climate change but global response is inconsistent.

Click here to read more.

 

Must-Do’s on Urban Resilience in a time of Covid-19

28/04/2020: Arup

The COVID-19 outbreak, which is having a huge impact on lives and assets, has brought a renewed focus on ‘urban resilience’ making us rethink the way we plan, design, develop and manage our cities to protect the health and wellbeing of the people when emergencies arise.

Dr. Bruce Chong from Arup, specialised in smart and resilient city planning and implementation, shares his reflections on urban resilience under COVID-19 pandemic.

Click here to read more.

 

Psychological Coping Tips for Staff Working from Home During Outbreak

21/02/2020: Matilda Hospital

Many companies extend the period for staff to work from home to help reduce the risk of contracting the Novel Coronovirus. While the latest virtual technology has helped combating reduced work performance and morale by connecting teams that work remotely, there are known psychological risks by remaining socially isolated and possibly lacking accountability for a prolonged period of time. These include: low mood or depression, boredom, irritability, lassitude, anxiety, “cabin fever,” excessive worries or risks of obsessive-compulsive behaviours, reduced cognitive functions such as impaired memory and concentration, and increased poor health habits such as smoking and excessive alcohol consumption or snacking.

What could business leaders and companies do to counteract these challenges and manage these risks?

Click here to read more.

 

Market Outlook for 2020 Report

29/01/2020: Colliers
 
Colliers has recently published the Hong Kong Market Outlook for 2020 Report, which looks at the key trends and challenges Hong Kong’s property market will face this year. With continuing tensions at home and abroad, it expects the leasing and investment momentum to remain slow with potential corrections for rental and capital values across different property sectors.
 
Click here to read more. 

 

Decarbonising Construction

09/01/2020: Gammon
 
Buildings and construction are responsible for 39% of global carbon emissions. Sobering though that figure is, it does mean the potential exists to make dramatic reductions.
 
In the latest issue of our "Britain in Hong Kong" magazine, Emma Harvey, Group Sustainability Manager, Gammon Construction, explains how both project proponents and contractors should be setting ambitious targets to reduce carbon, and how setting such targets stimulates innovation and can reduce costs in the long run.
 
Click here to read more. 

 

How Luxury Can Fix Fashion

02/01/2020: Delta Global
 
The acceleration of the ‘fast fashion’ business model has encouraged over-consumption and excessive waste in a world enduring environmental crisis. While fast fashion is easily disposable and less likely to be re-used or re-sold, luxury, high-end goods re-circulate revenue and recyclability be it through re-sale, donation or second-hand use.
 
In the latest issue of our "Britain in Hong Kong" magazine, Robert Lockyer, CEO of Delta Global, explains how introducing luxury into your life can stop the current trend for throw-away fashion. 
 
Click here to read more.