CBRE Group Stock Rises 39.4% in 6 Months: Will the Trend Last?

Zacks 00:00

CBRE Group: This year, Hong Kong property prices are expected to recover moderately, forecast to remain flat or increase by 5%.

On January 9, CBRE Group published its outlook for the Hong Kong Residence market in 2025.

Zhitong FinanceJan 9 18:47

CBRE Group predicts that Hong Kong property prices will increase by 0% to 5% this year.

CBRE Group released its outlook for the 2025 Hong Kong Residential market, predicting a modest recovery in property prices, with an increase of 0% to 5%. For newer properties (under 20 years old), property prices are expected to recover or remain stable. For older properties (over 40 years old), property prices may lag behind this increase. An increase in rental demand is anticipated, especially for one and two-bedroom units. The expected rise in rental demand could drive investment in the primary market. Higher rental returns can attract investors, supporting property price stability or growth. CBRE Group's Hong Kong Valuation and Consulting Services Director, Guo Wei'en, predicts that overall transactions in the property market will occur this year.

AASTOCKSJan 9 14:58

CBRE Group: This year, the vacancy rate of office buildings in Hong Kong is expected to rise to 18.9%, and Class A office rents are predicted to drop by another 10%.

CBRE Group stated that leasing activity in Hong Kong will seasonally slow down in the fourth quarter of 2024, with total leasing volume falling by 38% to 0.661 million square feet compared to the previous quarter.

Zhitong FinanceJan 8 15:56

Press Release: CBRE Group, Inc. Announces Details of Conference Call and Webcast for Fourth Quarter and Full-Year 2024 Financial Results

Dow JonesJan 6 21:35

CBRE Group, Inc. Announces Details of Conference Call and Webcast for Fourth Quarter and Full-Year 2024 Financial Results

BusinesswireJan 6 21:30