Property News · May 23, 2017

Hong Kong’s industrial buildings find new life with ‘retailtainment’ industries, CBRE says


Hong Kong’s industrial buildings are increasingly popular with tenants in the retail, entertainment and technology sectors, although the uptake is hampered by a lack of modern facilities, according to a report by CBRE.
At least a third of industrial space in Hong Kong, equivalent to 87 million square feet, is occupied for non-industrial purposes, according to the Planning Department. These businesses include arts and performance, education, food and beverage [F&B], general retail,…

Source : South China Morning Post
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