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  1. Demand for Central grade-A offices falls

    Posted Apr 18th 2012, 12:00am

    ... is understood to be mostly for self- occupation. In Central, while there is less floor space under lease or occupied than late last year, the vacancy rate remains below 5 per cent- very tight ... Peggy Sito peggy.sito@scmp.com Office rents in Central dropped 6.3 per cent in the first quarter from the final quarter of last year, as big financial institutions disposed of some ...

    http://www.scmp.com/article/998504/demand-central-grade-offices-falls
  2. Euro-zone woes set to erode office rents in Central

    Posted Jul 26th 2012, 12:00am

    ... would drop 5 per cent in the second half. Lam said many offices in Central had been occupied by investment banks and other financial institutions, some of which decided to move to cheaper ... Angela Che angela.che@scmp.com The retail property sector may be booming, but the outlook for grade-A office rents in Central is bleaker, with analysts predicting global uncertainty ...

    http://www.scmp.com/article/1007774/euro-zone-woes-set-erode-office-rents-central
  3. Demand for Central offices rises as rents fall

    Posted Jul 11th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com After a stagnant start to the year, sentiment in the Hong Kong office sector has improved and momentum in the leasing market in the central business district ... for Central offices may have reached a positive turning point. 'The market seems to be coming in for support after rentals declined 10 per cent since the beginning of the year,' said Lo. ...

    http://www.scmp.com/article/1006442/demand-central-offices-rises-rents-fall
  4. Prime office rents fall in Central

    Posted Nov 02nd 2011, 12:00am

    ... in Central in the third quarter, property consultants say. And they expect rents there will continue to fall in the next 12 months. Prime office rents in Central in the third quarter fell 3.8 per ... their rental expectations, said CB Richard Ellis. This was particularly evident in Central, with factors such as a slowdown in demand from the banking and finance sectors. Financial institutions ...

    http://www.scmp.com/article/983596/prime-office-rents-fall-central
  5. Office rents in Central falling

    Posted Nov 16th 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Office rents in Hong Kong's central business district have been softening and a sharper decline is expected as demand for space dries up as a result ... on rents in Central in particular. But on a month-on-month basis, average rents in Central were already down 1.09 per cent in October compared with September and now stood at about HK$120.24 per ...

    http://www.scmp.com/article/984916/office-rents-central-falling
  6. Fortis to expand Central offices

    Posted Apr 26th 2008, 12:00am by Staff Reporter

    ... Fulton Mak The biggest landlord in Central has seen no adverse impact yet of subprime-sparked lay-offs on the demand for grade A offices in the core business district. Hongkong Land ... feet to be taken up by Fortis is occupied currently by investment bank Morgan Stanley, which will relocate to the 118-storey International Commerce Centre in Kowloon to double its office space ...

    http://www.scmp.com/article/635268/fortis-expand-central-offices
  7. Credit Suisse joins move to ICC amid soaring Central rents

    Posted Dec 06th 2007, 12:00am by Staff Reporter

    ... Fulton Mak Credit Suisse Group has become the second financial giant stung by soaring rents in Central, confirming it is deserting Exchange Square for the 118-storey International Commerce ... to the established Central business district. Hit by soaring rents and limited space in Central, some of the biggest names in finance are abandoning their long-held offices for cheaper cross-harbour ...

    http://www.scmp.com/article/618461/credit-suisse-joins-move-icc-amid-soaring-central-rents
  8. Luxurious Central 88 close to putting up full-house sign

    Posted May 18th 2005, 12:00am by Kenneth Ko

    ... Reports by Kenneth Ko OCCUPANCY AT Central 88 has reached 90 per cent as leasing demand continues to grow, especially from professionals in the fields of finance, law and information technology, and those working for multinationals. Being in Central is the key attraction of Central 88, especially for those who like to occupy quality serviced apartments right in the heart ...

    http://www.scmp.com/article/500980/luxurious-central-88-close-putting-full-house-sign
  9. Central office rents on the rise

    Posted Sep 01st 2004, 12:00am by Peggy Sito

    ... Peggy Sito Tenants are advised to renew their leases as the market emerges from a slump and shrinking supply gives landlords the upper hand Landlords in Central and Admiralty are poised ... renewing their leases before they expire to avoid skyrocketing rents, warning office rents would bounce back to 2000 levels. Effective rent in Admiralty and Central now stands at $30 per square ...

    http://www.scmp.com/article/468616/central-office-rents-rise
  10. Rent correction looms outside Central

    Posted Mar 21st 2007, 12:00am by Kenneth Ko

    ... office rents in Central were still on the rise with sustained demand and tight supply, Mr Morgan said the market was entering a period of consolidation, driven by the increase of supply ... in these locations. Mr Morgan said the overall grade-A office market could see a decrease of 5 per cent to 10 per cent in average rental for the year, but rents in Central would stay steady during ...

    http://www.scmp.com/article/585859/rent-correction-looms-outside-central

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