JLL predicts Central office rent will fall by up to 30 per cent this year as the amount of vacant office space continues to rise. Photo: Reuters

Chinese firms seeking Hong Kong listings amid US hostility may help buoy flagging office rental market as space the size of Lippo Centre abandoned

  • Mainland firms embarking on secondary stock listings in the city amid rising tension between Beijing and Washington may absorb some of the pain as abandoned office space soars to 18-year high
  • In first half of 2020, tenants bailed on 1.3 million sq ft of office space – the size of Admiralty’s Lippo Centre – as they tried to cut costs to stay afloat
Topic |   Hong Kong property
JLL predicts Central office rent will fall by up to 30 per cent this year as the amount of vacant office space continues to rise. Photo: Reuters
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