World can be combined with market demand
CB Richard Ellis published the latest research report “the development of multi-purpose industrial buildings”, to promote the reconstruction of the old chemical industry into a set of industrial and retail use in a modern building, hoping to become a new trend in the market.
In the traditional industrial and commercial transformation, there are now restaurants and different retail industries stationed in industrial buildings, CB Richard Ellis published the latest research report “multi-purpose industrial development”, refers to the design of commercial buildings for businesses to bring greater flexibility Sex, rent is also lower than commercial buildings.
Rents rise more space than commercial buildings
Chen Jinping, director of research at Hong Kong, South China and Taiwan, said: At present, about one-third of Hong Kong’s industrial buildings are actually used by non-industrial users with a gross floor area of about 87 million square feet, 60, 70 years completed, more than 30 years of age of the building has about 200 buildings, which can transform the building.
He also pointed out that the combined use of recreational retail and technology industries will become a new trend in the construction industry, which will be held and managed by a single title. The higher quality mixed buildings will attract more relevant industries. In the design has been considered the need for mixed use of industrial buildings, will be welcomed by the market, the rent can be more active into commercial buildings more room to rise.
Li Hongwen, a senior director of industrial logistics in Hong Kong’s advisory and trading services, said that in recent years the lack of large-scale industrial development projects, if Hong Kong to develop new industries, need more high-quality industrial buildings to support emerging industries, such as foreign popular in recent years Activities, etc., due to ordinary commercial buildings limited by the venue, the general will be used for the construction of suitable sites.
The entertainment retail industry brings together the relevant industries, and tenants in the same building can benefit from the increase in the rent value of the whole building, said Lian Zhihao, executive director of Hong Kong Department of Trade and Services, CB Richard Ellis. The future of Changsha Bay, Kowloon East and Southern District Huang Zhu Hang area can also be converted into a number of industrial buildings, with the development of the district.
Planning land use programs should be more flexible
The CB Richard Ellis also advises the future government to consider long-term development in planning land use and provide more flexible solutions to bring about new business opportunities in Hong Kong.