Vacancy rates in Central, Admiralty and Sheung Wan rose 3.4 per cent at the end of 2019, compared with 1.3 per cent at the end of 2018, CBRE says. Photo: May Tse

Investment in Hong Kong commercial property dropped 52 per cent last year, as protests hit demand across sector, CBRE says

  • Consultancy expects transaction volumes to pick up, as protests seem to have ‘diluted a bit’
  • Savills says it expects 10 per cent to 15 per cent correction across the city’s office market
Topic |   Hong Kong property

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Vacancy rates in Central, Admiralty and Sheung Wan rose 3.4 per cent at the end of 2019, compared with 1.3 per cent at the end of 2018, CBRE says. Photo: May Tse
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Martin Choi

Martin Choi

Martin is a reporter for the Post. He joined the team in 2018 after graduating from the University of Hong Kong with a degree in Journalism and Global Studies. Previously, he interned at Forbes in Hong Kong and Agence France-Presse in Shanghai.