Foot traffic at Citibank Tower in central business district. Champion Real Estate Investment Trust is in talks with the bank about renewing its lease. Photo: Bloomberg
Office rents in Hong Kong's Central could fall by 20pc over 18 months
Pessimism not shared by all analysts given rents are 23pc off their last peak, but exodus to cheaper districts has left a million square feet unlet
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Office rental
Foot traffic at Citibank Tower in central business district. Champion Real Estate Investment Trust is in talks with the bank about renewing its lease. Photo: Bloomberg