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Hong Kong's Towering Office Rents Are Coming Back Down to Earth


Hong Kong s Towering Office Rents Are Coming Back Down to Earth
Hong Kong s Towering Office Rents Are Coming Back Down to Earth
Economic impacts of the pandemic, social unrest and U.S.-China tensions put downward pressure on prices. It s survival of the fittest.
published :
29 Apr 2021 at 04:00
Office rents have already fallen steeply in Hong Kong, and property brokers expect further declines this year. (Photo: Reuters)
Hong Kong s economy is finally turning the corner. But it could be years before the city s once-lucrative office-rental market is back to full health.
Companies are scaling back to cut costs and to adapt to an era of flexible working. That has added strain to a market already roiled by the economic impacts of social unrest, U.S.-China tensions and the pandemic. And a series of new skyscrapers will open for business next year and in 2023, putting further downw ....

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Hongkong Land Leases Exchange Square Floors to S&P


Mingtiandi
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S&P’s new lease brings it back to the heart of Central
Office rents have been falling in Hong Kong’s Central and the rationalisation of the world’s most expensive business location may have just brought a finance multinational back to one of the district’s trophy towers.
S&P Global moved into a two-floor space in Three Exchange Square at the beginning of this month, according to a statement today by Hongkong Land, which owns the building near the Star Ferry piers.
The lease brings the credit rating and financial information provider back to the three-building complex, which also houses the stock exchange in Central, after it left the district in 2012 for offices across the harbour in Sun Hung Kai’s International Commerce Centre (ICC). ....

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[HK]粤港湾控股:海外监管公告 发行额外二零二一年到期的14.00%优先票据- CFi.CN 中财网


  
时间:2021年02月02日 17:41:17 中财网
原标题:粤港湾控股:海外监管公告 发行额外二零二一年到期的14.00%优先票据
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