{"id":112544,"date":"2019-11-22T09:43:36","date_gmt":"2019-11-22T02:43:36","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-prime-office-rents-fall-by-most-in-a-decade-as-protests-chill-market-chinese-companies-retreat\/"},"modified":"2019-11-22T10:04:16","modified_gmt":"2019-11-22T03:04:16","slug":"hong-kongs-prime-office-rents-fall-by-most-in-a-decade-as-protests-chill-market-chinese-companies-retreat","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-prime-office-rents-fall-by-most-in-a-decade-as-protests-chill-market-chinese-companies-retreat\/","title":{"rendered":"Hong Kong\u2019s prime office rents fall by most in a decade as protests chill market, Chinese companies retreat"},"content":{"rendered":"


\nMore than five months of social unrest in Hong Kong is starting to hurt prime office landlords with rent falling by the most in a decade as multinationals downsized and mainland Chinese firms retreated from the city. Overall rents in Grade A offices fell 1.6 per cent to HK$74.30 (US$9.50) per square foot in October from a month earlier, according to property consultants JLL, the biggest monthly decline since August 2009. Among five major business districts in the city, the slide was most\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s prime office rents fall by most in a decade as protests chill market, Chinese companies retreat<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

More than five months of social unrest in Hong Kong is starting to hurt prime...<\/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-112544","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-the","jetpack-related-posts":[{"id":104012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-district-to-fall-by-up-to-7-per-cent-as-trade-war-dampens-chinese-firms-expansion-plans-says-knight-frank\/","url_meta":{"origin":112544,"position":0},"title":"Office rents in Hong Kong\u2019s Central district to fall by up to 7 per cent as trade war dampens Chinese firms\u2019 expansion plans, says Knight Frank","date":"February 15, 2019","format":false,"excerpt":"\r Prime office rents in the Central business district are forecast to decline by as much as 7 per cent this year as mainland Chinese companies pare back their expansion plans amid uncertainties ranging from the US-China trade war to cooling domestic economic growth, according to Knight Frank\u2019s latest global\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108882,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-prime-office-market-wobbles-as-chinese-firms-scale-back-amid-trade-war\/","url_meta":{"origin":112544,"position":1},"title":"Hong Kong\u2019s prime office market wobbles as Chinese firms scale back amid trade war","date":"July 11, 2019","format":false,"excerpt":"\r Hong Kong\u2019s prime offices, the world\u2019s most expensive for four years running, are losing their cache as a year-long US-China trade war has deterred companies from taking on more space, forcing landlords to offer discounts.Grade-A office rent in the Central district dropped 0.1 per cent in the second quarter,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-heights-for-hong-kong-prime-office-rents-as-mainland-companies-fuel-demand\/","url_meta":{"origin":112544,"position":2},"title":"New heights for Hong Kong prime office rents, as mainland companies fuel demand","date":"October 25, 2017","format":false,"excerpt":"\r Hong Kong has become even more costly in terms of high-end office space, as strong demand among mainland Chinese companies continues to push up rents in the central business district, according to data for the first three quarters of the year. Grade A office rents in Hong Kong rose\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86415,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/flood-of-chinese-tech-firms-will-push-up-office-rents-in-hong-kongs-tst-say-analysts\/","url_meta":{"origin":112544,"position":3},"title":"Flood of Chinese tech firms will push up office rents in Hong Kong\u2019s TST, say analysts","date":"April 25, 2018","format":false,"excerpt":"\r Office rents in Hong Kong\u2019s Tsim Sha Tsui district are set to jump this year, say analysts, as a plentiful supply of space and vastly improved transport links make it the top choice of mainland Chinese technology firms. A dearth of office space in the city\u2019s main business district,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73818,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-tenants-continue-their-march-into-hong-kongs-premium-office-space-driving-up-rents\/","url_meta":{"origin":112544,"position":4},"title":"Chinese tenants continue their march into Hong Kong\u2019s premium office space, driving up rents","date":"December 6, 2017","format":false,"excerpt":"\r Chinese companies continued their march into Hong Kong\u2019s commercial space in the first three quarters, pushing the cost of renting offices in the city to the world\u2019s highest in square footage terms, according to property consultant JLL. Tenants with home bases in mainland China took up 48 per cent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/multinationals-set-to-leave-hong-kongs-prime-office-district-central-in-search-of-cheaper-rents\/","url_meta":{"origin":112544,"position":5},"title":"Multinationals set to leave Hong Kong\u2019s prime office district Central in search of cheaper rents","date":"April 12, 2018","format":false,"excerpt":"\r More multinational companies will leave Hong Kong\u2019s Central district, where rents have become too expensive, with some even considering leaving the city altogether. Average office rents continue to rise in greater Central, which includes the districts of Central, Admiralty and Sheung Wan. In the first quarter, rents jumped by\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\/112544"}],"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=112544"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/112544\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=112544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=112544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=112544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}