{"id":118863,"date":"2020-10-08T07:30:08","date_gmt":"2020-10-08T00:30:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/desperate-landlords-offer-renovation-subsidies-to-lure-tenants-as-hong-kongs-vacant-office-space-hits-21-year-high\/"},"modified":"2020-10-08T08:03:59","modified_gmt":"2020-10-08T01:03:59","slug":"desperate-landlords-offer-renovation-subsidies-to-lure-tenants-as-hong-kongs-vacant-office-space-hits-21-year-high","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/desperate-landlords-offer-renovation-subsidies-to-lure-tenants-as-hong-kongs-vacant-office-space-hits-21-year-high\/","title":{"rendered":"Desperate landlords offer renovation subsidies to lure tenants as Hong Kong\u2019s vacant office space hits 21-year high"},"content":{"rendered":"


\nHong Kong\u2019s commercial landlords are offering incentives such as renovation subsidies to lure tenants, as the amount of office space lying empty reaches the highest level in 21 years, according to property services company CBRE.Some landlords have begun offering a one-off subsidy to help new tenants fit out their office space, said Alan Lok, executive director of advisory and transaction services for offices at CBRE.\u201cIn some cases, the landlord would offer a subsidy of about HK$100 (US$12.9)\u2026
\n
\nSource : South China Morning Post
\nRead more…Desperate landlords offer renovation subsidies to lure tenants as Hong Kong\u2019s vacant office space hits 21-year high<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s commercial landlords are offering incentives such as renovation subsidies to lure tenants, as...<\/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-118863","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-uV9","jetpack-related-posts":[{"id":119337,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/desperate-hong-kong-office-landlords-may-ditch-fixed-monthly-rent-for-membership-schemes-to-lure-tenants-as-covid-19-changes-work-habits-says-jll\/","url_meta":{"origin":118863,"position":0},"title":"Desperate Hong Kong office landlords may ditch fixed monthly rent for \u2018membership\u2019 schemes to lure tenants as Covid-19 changes work habits, says JLL","date":"November 25, 2020","format":false,"excerpt":"\r Hong Kong\u2019s office rental market is likely to undergo a radical change, with some landlords switching to a \u201ctiered membership\u201d model similar to that used by co-working space providers, according to property services giant JLL.As the Covid-19 pandemic continues to wreak havoc in the world\u2019s most expensive commercial property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-office-rents-plummet-landlords-upgrade-with-video-walls-to-lure-tenants\/","url_meta":{"origin":118863,"position":1},"title":"As Hong Kong office rents plummet, landlords upgrade with video walls to lure tenants","date":"May 26, 2025","format":false,"excerpt":"\r JLL says nearly 44 per cent of Hong Kong\u2019s grade A office space is more than 30 years old.\r \r Source : South China Morning Post\r Read more...As Hong Kong office rents plummet, landlords upgrade with video walls to lure tenants","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128371,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-landscape-is-changing-as-landlords-lure-restaurants-to-fill-spaces-abandoned-by-shops-during-pandemic\/","url_meta":{"origin":118863,"position":2},"title":"Hong Kong\u2019s retail landscape is changing as landlords lure restaurants to fill spaces abandoned by shops during pandemic","date":"July 30, 2022","format":false,"excerpt":"\r The mix of tenants in malls and at street level is changing as restaurateurs pounce on slumping rents to expand, often taking the spaces left behind by retailers forced to leave during the pandemic.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s retail landscape is changing as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125223,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-private-commercial-landlords-join-big-guns-in-offering-rent-relief-to-tenants-hit-by-fifth-wave-closures\/","url_meta":{"origin":118863,"position":3},"title":"Hong Kong\u2019s private commercial landlords join big guns in offering rent relief to tenants hit by fifth wave closures","date":"March 15, 2022","format":false,"excerpt":"\r Hong Kong\u2019s private commercial landlords are joining the city\u2019s big guns in offering rent relief to their tenants.Tai Hung Fai Enterprise, a property developer that has more than 1,000 tenancy agreements all over Hong Kong, including offices, serviced flats, warehouses and about 200 shops, said it would help its\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102748,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-office-landlords-are-lifting-the-bar-on-creditworthiness-as-more-commercial-tenants-walk-away-from-leases\/","url_meta":{"origin":118863,"position":4},"title":"Hong Kong\u2019s office landlords are lifting the bar on creditworthiness as more commercial tenants walk away from leases","date":"January 8, 2019","format":false,"excerpt":"\r Commercial landlords in Hong Kong, who own some of the world\u2019s most expensive offices, are doubling or tripling the money that tenants must put down as deposit, as a downturn in business sentiment and tightening liquidity in China have led to several cases of renters reneging on leases. Tenants\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119021,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhens-office-landlords-offer-leisure-areas-huge-pantries-as-they-compete-to-woo-tech-firms-amid-record-vacancy-levels\/","url_meta":{"origin":118863,"position":5},"title":"Shenzhen\u2019s office landlords offer leisure areas, huge pantries as they compete to woo tech firms amid record vacancy levels","date":"October 27, 2020","format":false,"excerpt":"\r Landlords of premium office space in Shenzhen are having to go beyond cutting rents to lure tenants, providing customised facilities flexible arrangements to attract the fast-expanding tech firms as vacancy reached a record in the special economic zone.There was close to 2.4 million square metres of empty space \u2013\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\/118863"}],"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=118863"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118863\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}