Property News · January 2, 2019

Hong Kong office sales in December worst since 2008, with only three deals recorded


Only three sales of office space were completed in Hong Kong in December, the lowest number in a decade and a sign of the spreading malaise in the city’s property market.
For the whole of last year, there were 196 sales of either single offices, whole floors or entire office buildings, 45 per cent less than in 2017, according to property firm Midland IC&I.
“Turnover of offices started to sink in the second half of the year as factors like the US-China trade war and a volatile…

Source : South China Morning Post
Read more…Hong Kong office sales in December worst since 2008, with only three deals recorded

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