Property News · July 25, 2017

Hong Kong’s landlords rush to put offices up for sale, but are they already too late?


Hong Kong’s landlords are putting a record number of office space on the market, encouraged by a sale in May of the Murray Road car park that successfully set a benchmark for commercial property prices in the world’s most expensive real estate market.
The number of transactions have risen three quarters in a row to a record in the three months ended June, with HK$13.7 billion of office space changing hands, more than double the deals in the previous quarter, according to data by…

Source : South China Morning Post
Read more…Hong Kong’s landlords rush to put offices up for sale, but are they already too late?

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