Dossier
The Center
Coverage of The Center in the Nexus archive.
- Hong Kong’s commercial property slump enters new phase as lenders take tougher stance
Hong Kong’s commercial property market is experiencing a slump as lenders prioritize loss control, exemplified by Yuzhou Group's sale of six office units in The Center at a HK$83 million loss to repay debt. The transaction highlights banks' shift toward addressing debt rather than delaying it.