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Money Notes

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STRONG demand for office space has boosted the leasing market in the third quarter of last year. According to First Pacific Davies, the average grade-A office rent in Central is $61 net per square foot. ALLIED Properties has acquired nine adjacent sites inWan Chai for $570 million. The sites, on Jaffe Road and Lockhart Road, will be developed into a 122,000-sq-ft office and retail tower. Completion is scheduled for the end of 1995.

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A DIRECTORY of 600 joint ventures proposed for Thailand is now available from the Thai Board of Investment Office in Hong Kong.

THE Hong Kong General Insurance Council has published Risk Management in Hong Kong, a booklet to promote public awareness of the importance of loss prevention and loss control.

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