{"id":119586,"date":"2020-12-22T12:05:33","date_gmt":"2020-12-22T05:05:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-co-working-firm-victory-offices-exits-hong-kong-after-closing-sole-location-at-the-center\/"},"modified":"2020-12-22T13:10:35","modified_gmt":"2020-12-22T06:10:35","slug":"australian-co-working-firm-victory-offices-exits-hong-kong-after-closing-sole-location-at-the-center","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-co-working-firm-victory-offices-exits-hong-kong-after-closing-sole-location-at-the-center\/","title":{"rendered":"Australian co-working firm Victory Offices exits Hong Kong after closing sole location at The Center"},"content":{"rendered":"


\nHong Kong\u2019s Covid-19-hit economy has claimed another co-working office space operator.\ufeffVictory Offices, an Australian firm, has pulled down the shutters on its Hong Kong operations just over a year after its launch. The company has closed its 25,000 sq ft space on the 76th floor of the iconic The Center last week, the Post has confirmed.\u201cIt\u2019s a combination of high rentals and Covid-19, and that\u2019s a recipe for disaster,\u201d said Kenny Lam, the former regional manager for Southeast Asia at Victory,\u2026
\n
\nSource : South China Morning Post
\nRead more…Australian co-working firm Victory Offices exits Hong Kong after closing sole location at The Center<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s Covid-19-hit economy has claimed another co-working office space operator.\ufeffVictory Offices, an Australian firm,...<\/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-119586","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-v6O","jetpack-related-posts":[{"id":110841,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-co-working-firm-victory-offices-braves-overcrowded-hong-kong-market-to-open-space-in-iconic-the-center\/","url_meta":{"origin":119586,"position":0},"title":"Australian co-working firm Victory Offices braves \u2018overcrowded\u2019 Hong Kong market to open space in iconic The Center","date":"September 17, 2019","format":false,"excerpt":"\r Victory Offices, an Australian co-working space operator, has opened its first location in Hong Kong \u2013 on the 76th floor of the iconic The Center skyscraper \u2013 braving the city\u2019s ongoing political crisis and a crowded, highly competitive shared office market.The company has leased a 25,000-square-foot space near the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89264,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/australian-logistics-firm-goodman-to-build-robotics-led-warehouse-in-hong-kong-as-e-commerce-clientele-grows\/","url_meta":{"origin":119586,"position":1},"title":"Australian logistics firm Goodman to build robotics-led warehouse in Hong Kong as e-commerce clientele grows","date":"May 24, 2018","format":false,"excerpt":"\r Australia-based logistics property developer Goodman plans to build a warehouse with robots receiving, sorting and storing goods, at a site in Tuen Mun it won this month, the company said on Wednesday. \u201cWe plan to build a high-quality, modern logistics facility on the site to accommodate the latest advancements\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102626,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-office-sales-in-december-worst-since-2008-with-only-three-deals-recorded\/","url_meta":{"origin":119586,"position":2},"title":"Hong Kong office sales in December worst since 2008, with only three deals recorded","date":"January 2, 2019","format":false,"excerpt":"\r Only three sales of office space were completed in Hong Kong in December, the lowest number in a decade and a sign of the spreading malaise in the city\u2019s property market. For the whole of last year, there were 196 sales of either single offices, whole floors or entire\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-firms-relocate-their-hong-kong-offices-to-outer-suburbs-as-mainland-companies-take-over-central\/","url_meta":{"origin":119586,"position":3},"title":"Foreign firms relocate their Hong Kong offices to outer suburbs as mainland companies take over Central","date":"May 9, 2017","format":false,"excerpt":"\r As mainland companies continue to swoop on trophy buildings in Hong Kong\u2019s Central district, foreign multinationals are relocating their Hong Kong offices to outer suburbs. According to new findings from real estate services firm JLL, the total number of new lettings in Central is down 47 per cent month-on-month\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123100,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-firm-far-east-consortiums-mortgage-arm-eyes-market-down-under-acquires-stake-in-local-non-banking-lender\/","url_meta":{"origin":119586,"position":4},"title":"Hong Kong firm Far East Consortium\u2019s mortgage arm eyes market Down Under, acquires stake in local non-banking lender","date":"November 9, 2021","format":false,"excerpt":"\r The mortgage arm of Hong Kong-based developer Far East Consortium (FEC) has acquired a 53 per cent stake in Australian non-banking lender Mortgageport as part of a strategic partnership.Mortgageport has provided home loans to more than 15,000 customers and has more than A$1.5 billion (US$1.1 billion) of mortgage assets\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63118,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-decentralisation-trend-in-hong-kong-continues-but-rents-remain-high\/","url_meta":{"origin":119586,"position":5},"title":"Office decentralisation trend in Hong Kong continues but rents remain high","date":"August 8, 2017","format":false,"excerpt":"\r Even as more companies relocate their offices away from Hong Kong\u2019s central business district to escape high costs, rents in Central have climbed back up to their 2008 peak levels driven by sustained demand from mainland Chinese corporates and a tight vacancy situation. According to the midyear Hong Kong\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\/119586"}],"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=119586"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/119586\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=119586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=119586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=119586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}