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
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
