A general view of commercial buildings in Central, Hong Kong. Photo: AFP A general view of commercial buildings in Central, Hong Kong. Photo: AFP
A general view of commercial buildings in Central, Hong Kong. Photo: AFP
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Hong Kong’s office leasing market is becoming a tenants’ market and is on the road to recovery

  • Although the economic uncertainty has not gone away, leasing sentiment has turned more upbeat as the market becomes increasingly tenant-friendly
  • The most important catalyst by far has been the sharp rental correction, accentuated by Central’s status as the world’s most expensive office market

A general view of commercial buildings in Central, Hong Kong. Photo: AFP A general view of commercial buildings in Central, Hong Kong. Photo: AFP
A general view of commercial buildings in Central, Hong Kong. Photo: AFP
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Nicholas Spiro

Nicholas Spiro

Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm. He is an expert on advanced and emerging economies and a regular commentator on financial and macro-political developments.