Property News · April 26, 2026

2-speed recovery hits Central landlords as older towers cut rents to compete


A two-speed recovery is emerging in Central’s top-tier offices, prompting landlords to adopt a more hands-on leasing approach, including hiring asset managers, as rental performance diverges.
While much attention has focused on firms taking advantage of lower rents to move back into Central, widening the gap with other districts, data from CBRE showed another divide was widening within the business district itself.
In the first quarter, vacancy in Central’s grade A offices eased to about 9.6 per…

Source : South China Morning Post
Read more…2-speed recovery hits Central landlords as older towers cut rents to compete

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