Citi paid HK$5.42 billion for Citi Tower in East Kowloon in 2014, the largest single office building transaction in Hong Kong at that time. Photo: Edward Wong

Citi downsizes Central office with move to East Kowloon

With rents in Central continuing to rise, more banks and financial institutions could move to East Kowloon or other commercial areas, says Citi’s Hong Kong head

Topic |   Office rental

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Citi paid HK$5.42 billion for Citi Tower in East Kowloon in 2014, the largest single office building transaction in Hong Kong at that time. Photo: Edward Wong
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