Artist Viktor Vicsek’s work Talking Heads is displayed at the Central harbourfront to the backdrop of skyscrapers in Hong Kong’s financial district in February. Take-up of office space in Central contracted quarter-on-quarter. Photo: Winson Wong
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

In Hong Kong’s Central, the world’s most costly office market, landlords might have to come down to Earth

  • Sky-high rents, ageing building stock and a shake-out in the co-working sector have dimmed the attraction of Central, Admiralty and Sheung Wan for office tenants
  • Meanwhile, Kowloon accounted for a sizeable chunk of leasing volume in the last quarter

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Artist Viktor Vicsek’s work Talking Heads is displayed at the Central harbourfront to the backdrop of skyscrapers in Hong Kong’s financial district in February. Take-up of office space in Central contracted quarter-on-quarter. Photo: Winson Wong
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