Property News · June 16, 2017

Money buys Chinese tenants the cache of the Central address


There is one gap that Chinese companies can quickly narrow with their foreign counterparts; all it takes is capital, lots of it.
Over two decades, cash-rich Chinese companies have moved into coveted addresses in Central, becoming the new landlords, tenants, and neighbours to Goldman Sachs, Hong Kong Exchanges & Clearing, BlackRock and the Bank of America-Merrill Lynch.
Since Hong Kong returned to Chinese rule in 1997, one-tenth of Central’s prime office space is now occupied by…

Source : South China Morning Post
Read more…Money buys Chinese tenants the cache of the Central address

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