Foreign investor demand for HK office space has tapered sharply. Photo: SCMP/Sun Yeung
Foreign investor demand for HK office space has tapered sharply. Photo: SCMP/Sun Yeung

Once a shining light, foreign investors abandon Hong Kong office space as slowing economy weighs on sentiment

  • The office segment, once known for setting world records for office towers, recorded a mere US$200 million in total investment
  • Average central business district office yields stood at around 2.8 per cent in the first quarter, below retail and industrial property yields

Foreign investor demand for HK office space has tapered sharply. Photo: SCMP/Sun Yeung
Foreign investor demand for HK office space has tapered sharply. Photo: SCMP/Sun Yeung
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