More multinational companies will leave Hong Kong’s Central district, where rents have become too expensive, with some even considering leaving the city altogether.
Average office rents continue to rise in greater Central, which includes the districts of Central, Admiralty and Sheung Wan. In the first quarter, rents jumped by 8.7 per cent from the same period a year ago to HK$134.3 (US$17.1) per square foot a month, according latest figures provided by US commercial real estate services…
Source : South China Morning Post
Read more…Multinationals set to leave Hong Kong’s prime office district Central in search of cheaper rents















