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
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

Topic |   Hong Kong property
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
Central has recently seen its highest office vacancy rate in 15 years. Photo: Roy Issa
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