Property News · February 4, 2022

Covid-19 looms large over Hong Kong’s office market as companies implement work-from-home


The office market in Hong Kong will continue to be disrupted by the work-from-home trend this year as the coronavirus pandemic rages on, a UBS real estate analyst said.With new office supply coming on to the market this year, more multinational firms may take the opportunity to consolidate their office needs and revisit their real estate strategy.“We generally believe the trend of work-from-home will be a long-term negative to the sector”, which could lead to rising office vacancies as new…

Source : South China Morning Post
Read more…Covid-19 looms large over Hong Kong’s office market as companies implement work-from-home

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