Property News · January 22, 2019

Hong Kong’s Central district to see further 5 per cent gain in office rents this year, Nomura says


The world’s most expensive place to rent office space may be about to get even costlier amid higher demand from co-working firms, according to Nomura.
The cost of renting office space in Hong Kong’s main business district, Central, will rise by up to 5 per cent this year, according to an adjusted forecast by Nomura analyst Joyce Kwock on Monday.
The revised estimate marks a 180 degree turn from the bank’s prior estimate for a 5 per cent drop in office rental rates this year….

Source : South China Morning Post
Read more…Hong Kong’s Central district to see further 5 per cent gain in office rents this year, Nomura says

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