The International Commercial Centre (ICC) in West Kowloon ICC owner SHKP said it was taking a selective leasing approach to attract quality tenants. Photo: Winson Wong

Hong Kong’s office landlords raise creditworthiness requirements as more commercial tenants walk away from leases

  • Several office owners are doubling, in some cases tripling, the money they require as security deposit, particularly for tenants who are unknown to them
  • The industry norm in Hong Kong is for three months’ worth of rent as deposit
Topic |   HNA Group

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The International Commercial Centre (ICC) in West Kowloon ICC owner SHKP said it was taking a selective leasing approach to attract quality tenants. Photo: Winson Wong
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