https://www.scmp.com/rss/509029/feed Leonia Lee is director of Business Advisory at ARCADIS. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Last year was a disruptive one for the commercial real estate market in Hong Kong. The prevalence of the pandemic left corporate offices underutilised as people started working from home, with demand declining even for the once-coveted grade A office spaces. As corporate occupiers downsize or reconsider their requirements, building owners are left with no choice but to renegotiate leases to offer more favourable rates. This decline contributed to a 2 percentage point increase in the vacancy rate... https://www.scmp.com/comment/opinion/article/3123372/coronavirus-disrupts-hong-kong-office-market-how-should-smart?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3123372/coronavirus-disrupts-hong-kong-office-market-how-should-smart?utm_source=rss_feed Sun, 28 Feb 2021 08:15:18 +0000