Impact of Mainland Chinese Companies on Hong Kong's Office Rental Market
Wednesday, 1 May 2024, 00:30
Mainland Chinese Firms Influence Hong Kong Office Rental Market
The recent Knight Frank report sheds light on the dominance of mainland Chinese companies in the Hong Kong office rental market. Despite their strong interest in premium office spaces, the vacancy rate continues to rise due to an increase in office supply and a decline in demand.
Key Points:
- Mainland Chinese firms are the most active group in the market.
- Premium office spaces are in high demand, but the vacancy rate is increasing.
- The overall demand for office premises is shrinking.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.