This is the weekly news wrap, featuring the latest real estate stories from Hong Kong. Whether your interest lies in industrial, retail, office real estate or asset investments, we have got the news that matters, covered. 

CK Asset Says Impact of Protests on Hong Kong’s Property Market Will Be Minimal, But Trade War Remains a Long-Term Worry
South China Morning Post
The massive street protests triggered by the extradition bill will not have as big an impact on the city’s property market as the US-China trade war, according to a top executive of CK Asset Holdings, Hong Kong’s second largest developer. “There were only 20 days for consultation, which was obviously not enough,” said executive director Justin Chiu Kwok-hung on Tuesday, becoming the first major developer to publicly comment on the political issue that galvanised Hongkongers. “[The protests] show Hongkongers care about Hong Kong and this increases our long-term confidence in the property market.”

US Fed Opens Door to Interest Rate Cut after Trump Criticism
The US central bank has opened the door to an interest rate cut, in a shift in guidance that follows criticism by President Donald Trump. The Federal Reserve left rates on hold, but said uncertainties about the economic outlook could force its hand. According to the vote, one Fed policymaker advocated an immediate cut, something the president has called for.

Land Tender: Hong Kong Government Must Introduce Guarantors, Higher Deposits to Prevent Another Kai Tak Fiasco
South China Morning Post
The aborted sale of a HK$11.1 billion (US$1.4 billion) plot of prime land has exposed a serious flaw in the tender process that may cause the Hong Kong government to suffer a huge loss if it is unable to sell the site for the same price in a depressed market, according to market observers. Property experts suggest the government should increase the deposit amount steeply from the current HK$25 million to prevent a repeat of such an incident in the future and introduce a guarantor to complete the sale in case the tenderer backs out of the deal.

British Industry in Hong Kong Quickest Off the Mark to Launch Business Network in Greater Bay Area, Which Aims to Rival Silicon Valley, With Peers From Macau, Guangdong and Other Parts of China
South China Morning Post
British business associations have formed an international network in the Greater Bay Area to maximise the opportunities arising from the national development plan to integrate Hong Kong, Macau and nine Guangdong cities to rival Silicon Valley. The platform, which appeared to be the first among major Western countries in the development zone, was announced by the British Chamber of Commerce in Hong Kong on Wednesday.

China’s Property Investment Growth Slows
Caixing Global
Investment in real estate development rose 11.2% year-on-year in the first five months this year, down from an 11.9% increase in the first four months, official data showed Friday. Investment in residential property development, which accounts for more than 70% of investment in property development, rose 16.3% year-on-year in the same period, down from 16.8% growth in the first four months, according to data released by the National Bureau of Statistics.

CBRE in the News

CEO SUITE Opens First Hong Kong Operation at K11 ATELIER Victoria Dockside
Hong Kong Economic Journal (Chinese only)
Features Dane Moodie, Senior Director, Advisory & Transaction Services – Office, CBRE Hong Kong