As the co-working craze catches on in the city, with every major developer latching on to the bandwagon, Hongkong Land, the largest office landlord in Central, does not even look remotely interested.
This is despite the supply of co-working space in Hong Kong expanding by 20 per cent to 1.2 million square feet in the five months to May following the entry of some major international co-working brands. Some 48 per cent of the space is in Grade A offices, according to figures from CBRE.
Source : South China Morning Post
Read more…Why is Hongkong Land, the biggest landlord in Central, avoiding the co-working frenzy?