Office rents in Central, the most expensive place to rent office space in the world, is closing in on levels reached before the 2008 financial crisis, with market watchers believing a new high will be reached soon, driven by a paucity of supply and rapid inflow of Chinese companies.
“We’ve seen landlords asking for HK$200 per square feet,” said Ben Dickinson, head of agency leasing at JLL Hong Kong, adding that the last time such a demand was seen was in 2008.
The highest…
Source : South China Morning Post
Read more…Office rents in Hong Kong on the brink of soaring past all-time high set before 2008 financial crisis
