Rents in Central, the world’s most expensive office market, returned to 2017 levels as companies downsized or moved somewhere cheaper to save costs. Photo: Roy Issa
Rents in Central, the world’s most expensive office market, returned to 2017 levels as companies downsized or moved somewhere cheaper to save costs. Photo: Roy Issa

Landlords in Central, Hong Kong slash rents by more than a third as vacancy climbs to six-year high amid economy crushed by coronavirus

  • Rents in the world’s most expensive office market return to 2017 levels as companies downsize or move somewhere cheaper to save costs
  • The Center recently leased office space for HK$55 per square foot, the lowest monthly rate since April 2016 in the world’s most expensive building

Rents in Central, the world’s most expensive office market, returned to 2017 levels as companies downsized or moved somewhere cheaper to save costs. Photo: Roy Issa
Rents in Central, the world’s most expensive office market, returned to 2017 levels as companies downsized or moved somewhere cheaper to save costs. Photo: Roy Issa
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