Small increase in tourist numbers offset by so many Hong Kong residents travelling abroad

Vacancy rate in prime office buildings tops 24.5% and rents plunge amid a weak environment and a glut of space

Lingering concerns about demand and a rush of new supply hitting the market uncut hopes for a quick recovery this year

Contraction signals cooling business activity in China’s southern trading hub triggered by Covid disruption

The vacancy rate for Grade A commercial real estate rose 1.4 percentage point to 16% in the fourth quarter from the previous three-month period

In China’s Silicon Valley, crackdowns on edtech and internet platforms also help clear out space, driving rents down

Electricity-hungry data centers are hamstrung in Asia by a shift in favor of costly renewable energy sources