Aerial view of Central, one of Hong Kong’s main business districts, where office vacancy rates have soared. Photo: Roy IssaAerial view of Central, one of Hong Kong’s main business districts, where office vacancy rates have soared. Photo: Roy Issa
Aerial view of Central, one of Hong Kong’s main business districts, where office vacancy rates have soared. Photo: Roy Issa
Business /  Companies

World’s costliest offices are poised to enter tenants’ market as Hong Kong businesses reel from coronavirus, protest movement

  • A big increase in struggling firms abandoning their offices before the leases expire has contributed to a fall in rental rates
  • Firms that gave up office space this year were predominantly mainland Chinese ones and those whose businesses have been hit hard

Topic |   Hong Kong property
Lam Ka-sing
Lam Ka-sing

Updated: 10:21pm, 27 Mar, 2020

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Aerial view of Central, one of Hong Kong’s main business districts, where office vacancy rates have soared. Photo: Roy IssaAerial view of Central, one of Hong Kong’s main business districts, where office vacancy rates have soared. Photo: Roy Issa
Aerial view of Central, one of Hong Kong’s main business districts, where office vacancy rates have soared. Photo: Roy Issa
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