{"id":103935,"date":"2019-02-13T08:33:10","date_gmt":"2019-02-13T01:33:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-data-centre-rents-have-allowed-three-firms-to-dominate-us883-million-hong-kong-market\/"},"modified":"2019-02-13T09:04:14","modified_gmt":"2019-02-13T02:04:14","slug":"high-data-centre-rents-have-allowed-three-firms-to-dominate-us883-million-hong-kong-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-data-centre-rents-have-allowed-three-firms-to-dominate-us883-million-hong-kong-market\/","title":{"rendered":"High data centre rents have allowed three firms to dominate US$883 million Hong Kong market"},"content":{"rendered":"


\nLand scarcity and some of the highest rents in Asia-Pacific have allowed three operators of data centres to dominate the market \u2013 estimated at US$883 million \u2013 in Hong Kong.
\nAccording to a report released on Wednesday by Toronto-based consultancy Structure Research, which focuses on data centre and internet infrastructure, NTT Communications, a subsidiary of Japan\u2019s largest telecommunications company, Nippon Telegraph and Telephone Corporation, Sunevision Holdings, the…
\n
\nSource : South China Morning Post
\nRead more…High data centre rents have allowed three firms to dominate US3 million Hong Kong market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Land scarcity and some of the highest rents in Asia-Pacific have allowed three operators of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-103935","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-r2n","jetpack-related-posts":[{"id":42361,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-record-office-rents-drive-more-firms-out-of-central-to-outer-suburbs\/","url_meta":{"origin":103935,"position":0},"title":"Hong Kong\u2019s record office rents drive more firms out of Central to outer suburbs","date":"January 31, 2017","format":false,"excerpt":"\r More European and US companies operating in Hong Kong are moving out of the city\u2019s Central district, relocating their offices to outer suburbs to save on rent in the world\u2019s costliest major urban centre. In the latest sign of the change, legal firm Freshfields Bruckhaus Deringer and asset manager\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71863,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shopping-centre-rents-on-the-rise-as-good-sales-prospects-draw-retailers\/","url_meta":{"origin":103935,"position":1},"title":"Hong Kong shopping centre rents on the rise as good sales prospects draw retailers","date":"November 15, 2017","format":false,"excerpt":"\r Rents at some Hong Kong shopping centres have climbed to as high as HK$1,000 (US$128) per square foot as improving sales at the city\u2019s malls increase their attraction as a location for retailers. In a stark contrast to the rising number of empty street-level shops in the city\u2019s main\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-the-most-expensive-on-the-planet-will-only-go-up-even-amid-exodus-says-districts-biggest-landlord\/","url_meta":{"origin":103935,"position":2},"title":"Office rents in Hong Kong\u2019s Central, the most expensive on the planet, will only go up even amid exodus, says district\u2019s biggest landlord","date":"October 2, 2018","format":false,"excerpt":"\r Office rents in Hong Kong\u2019s Central district, already the planet\u2019s most expensive, are likely to remain sky high even as more firms are moving out of the city centre in search of cheaper accommodation. That\u2019s according to Raymond Chow, executive director for commercial property at Hongkong Land, Central\u2019s largest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143052,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/japanese-firms-snap-up-retail-spaces-in-hong-kong-making-the-most-of-citys-low-rents-and-residents-fondness-for-countrys-brands\/","url_meta":{"origin":103935,"position":3},"title":"Japanese firms snap up retail spaces in Hong Kong, making the most of city\u2019s low rents and residents\u2019 fondness for country\u2019s brands","date":"March 18, 2024","format":false,"excerpt":"\r Over the past two years, Japanese businesses have been the most active among foreign firms in terms of leasing retail spaces in Hong Kong, according to data compiled by JLL.\r \r Source : South China Morning Post\r Read more...Japanese firms snap up retail spaces in Hong Kong, making the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171304,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/return-of-overseas-hires-meets-tighter-housing-supply-driving-up-hong-kong-luxury-rents\/","url_meta":{"origin":103935,"position":4},"title":"Return of overseas hires meets tighter housing supply, driving up Hong Kong luxury rents","date":"April 6, 2026","format":false,"excerpt":"\r Rents in Hong Kong\u2019s luxury housing market are rising as supply tightens, with returning overseas professionals heating up the competition to secure prime homes. The rebound is most evident in traditional upscale districts such as The Peak and Southside, where leasing activity has picked up sharply this year. Transactions\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shopping-centre-landlord-wharf-reic-reports-10-per-cent-increase-in-first-half-revenue-rues-absence-of-tourists\/","url_meta":{"origin":103935,"position":5},"title":"Hong Kong shopping centre landlord Wharf Reic reports 10 per cent increase in first-half revenue, rues absence of tourists","date":"August 6, 2021","format":false,"excerpt":"\r Although retail sales might have bottomed out in Hong Kong, rental incomes will remain under tremendous pressure until border controls are relaxed, according to Wharf Real Estate Investment Company (Reic), the owner of shopping centres Harbour City and Times Square.Vacancies and weaker market rents continued to depress rental incomes,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103935"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=103935"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103935\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}