Property News · November 6, 2019

Hong Kong agencies Centaline, Midland see commercial property agents depart as deals plunge amid protests


Two of Hong Kong’s largest property agencies have either cut headcount or seen staff members leave amid a slump in commercial property transactions.Centaline Commercial and Midland IC&I have both shrunk their ranks by about 40 people each, as the city’s anti-government protests weigh on the sector. The total number of agents in Hong Kong fell 1.5 per cent to 39,526 last month from a peak of 40,142 in November last year, according to the Estate Agents Authority.Daniel Wong, chief executive of…

Source : South China Morning Post
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