Property News · October 22, 2019

As Hong Kong protests hit business, landlords offer HK$1 rents in city’s most expensive office towers


Some landlords are getting desperate in attracting tenants to their offices in Hong Kong, as more than four months of civic unrest have deterred many companies – especially mainland Chinese tenants more willing to pay top dollar for marquee addresses – from expanding their businesses in the world’s costliest commercial property market.Extra sweeteners are the order of the day, real estate agents said, especially for buildings that lack the cachet of famous anchor tenants, as landlords throw in…

Source : South China Morning Post
Read more…As Hong Kong protests hit business, landlords offer HK rents in city’s most expensive office towers

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