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
Topic |   Hong Kong property
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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