hong kong office market
Office space demand ‘evolving’ as corporates focus more on sustainable offices: JLL
Despite increasing demand, vacancy still rose to 12.4% as of end-May.
Office space demand ‘evolving’ as corporates focus more on sustainable offices: JLL
Despite increasing demand, vacancy still rose to 12.4% as of end-May.
Office demand to remain subdued in 2023: JLL
Given the situation, rents will likely fall by 3%-5% this year.
Grade A office rents to decrease by 2% due to new office supply
There could be 3.9 million square feet of new Grade A supply.
Will Kowloon West become the heart of HK's office market?
Colliers said 29% of the next five-year Grade A office supply will be coming from the area.
Office market sees positive net absorption of 9,100 sq ft in December
This marks the third month of positive net absorption.
Central's office rent grows for 2nd consecutive month
The 0.6% growth was driven by premium office space in the submarket.
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Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption