Property News · November 27, 2018

Shenzhen’s rising costs boost office demand in Hong Kong as local firms return home


A question that was often asked in the 1990s is now increasingly being discussed by tenants.

At that time, Hong Kong companies had begun to venture into mainland China, choosing Shanghai and Beijing as strategic pathways into East and North China respectively, and benefiting from the two cities’ fast development. Shenzhen was also an attractive option, but for different reasons. With lower rents and labour costs, as well as easy access to Hong Kong, the southern Chinese city drew…

Source : South China Morning Post
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