The amount of office space lying empty reached the highest level in 21 years in September, according to property services company CBRE. Photo: K Y Cheng The amount of office space lying empty reached the highest level in 21 years in September, according to property services company CBRE. Photo: K Y Cheng
The amount of office space lying empty reached the highest level in 21 years in September, according to property services company CBRE. Photo: K Y Cheng

Desperate landlords offer renovation subsidies to lure tenants as Hong Kong’s vacant office space hits 21-year high

  • Some landlords have begun offering a one-off subsidy to help new tenants fit out their office space, according to CBRE
  • The property services company says 7.8 million sq ft of office space – about the size of four Central Plazas – sat vacant in Hong Kong in September, the highest since 1999

Topic |   Hong Kong property
The amount of office space lying empty reached the highest level in 21 years in September, according to property services company CBRE. Photo: K Y Cheng The amount of office space lying empty reached the highest level in 21 years in September, according to property services company CBRE. Photo: K Y Cheng
The amount of office space lying empty reached the highest level in 21 years in September, according to property services company CBRE. Photo: K Y Cheng
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