Buildings in Kwun Tong, Kowloon East, can be seen behind the Kai Tak Cruise Terminal in March 2018. Kowloon East and Hong Kong East have been the biggest beneficiaries of decentralisation over the past few years. Photo: Roy Issa
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Exodus from Hong Kong’s prime office districts will continue as protests put economy under more stress

  • Prime rents in Central fell in the second quarter of 2019, the first drop since 2014, as more businesses leave for Kowloon East and Hong Kong East
  • In time, however, continuing unrest will undermine confidence in Hong Kong as a financial hub, and the market as a whole will suffer

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Buildings in Kwun Tong, Kowloon East, can be seen behind the Kai Tak Cruise Terminal in March 2018. Kowloon East and Hong Kong East have been the biggest beneficiaries of decentralisation over the past few years. Photo: Roy Issa
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