BUSINESSSCMP CHINA
Hong Kong prime office vacancy hits 7-month low on Central spillover demand
Hong Kong’s prime office vacancy rate fell to a seven-month low in May, driven by spillover demand from Central, where premium offices were nearly full. Tenants shifted to neighboring areas like Wan Chai and Causeway Bay, reducing vacancy there to 9.8%, the lowest in 10 months.
Related Signal
Adjacent reporting
- Hong Kong prime office vacancy hits 7-month low on Central spillover demand
- Alex Imas on Why Economists Might Be Getting AI Wrong
- Sixth Street BDC Cuts Its Dividend After Posting Quarterly Loss
- TN unemployment low, but sheds jobs for the 5th month in a row
- Data continues to confirm Manhattan’s strong office leasing market
- Stockholm Office Vacancies at Highest Level Since 1990s Crisis