Central has recently seen its highest office vacancy rate in 15 years. Photo: Roy Issa
Central has recently seen its highest office vacancy rate in 15 years. Photo: Roy Issa

Companies head back to Central where tumbling office rents in Hong Kong’s prime business district have made trophy addresses affordable

  • Central endured a 7.6 per cent vacancy rate, equivalent to 1.2 million sq ft of empty space, in the first quarter of the year, a 15-year high
  • Rents are down by a quarter from two years ago, giving companies the opportunity to get an address in the city’s iconic buildings

Central has recently seen its highest office vacancy rate in 15 years. Photo: Roy Issa
Central has recently seen its highest office vacancy rate in 15 years. Photo: Roy Issa
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