Property News · March 4, 2019

Mainland renters outpace Western tenants as biggest spenders for luxury rental homes in Hong Kong


Corporate tenants from the mainland have overtaken their Western peers as the dominant force in Hong Kong’s luxury residential leasing sector, as a growing number of Chinese firms establish ­offices in the city.The top-end of the luxury residential leasing market has seen an uptick in demand in recent months, as companies look to Hong Kong as a financing and trade hub, analysts said.“We see more mainland corporates, particularly newly listed firms in Hong Kong, will be generous when it comes to…

Source : South China Morning Post
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