Property News · November 7, 2017

Will Hong Kong rents soar higher after The Center’s record sale?


The sale of The Center in Central for a record HK$40.2 billion (US$5.15 billion) has given Hong Kong’s office leasing and sales market a shot in the arm, but the flip side of the momentum will spur prices to surge further in the world’s most expensive city to rent an office.
Market observers also believe the deal would lead to the closure of more big-ticket transactions in the coming months.
“Taking the positive atmosphere, landlords in Central will certainly revise rents…

Source : South China Morning Post
Read more…Will Hong Kong rents soar higher after The Center’s record sale?

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