{"id":122004,"date":"2021-09-15T05:30:18","date_gmt":"2021-09-14T22:30:18","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/companies-find-falling-rents-in-central-hard-to-resist-as-they-lap-up-office-space-in-hong-kongs-main-business-district\/"},"modified":"2021-09-15T07:04:50","modified_gmt":"2021-09-15T00:04:50","slug":"companies-find-falling-rents-in-central-hard-to-resist-as-they-lap-up-office-space-in-hong-kongs-main-business-district","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/companies-find-falling-rents-in-central-hard-to-resist-as-they-lap-up-office-space-in-hong-kongs-main-business-district\/","title":{"rendered":"Companies find falling rents in Central hard to resist as they lap up office space in Hong Kong\u2019s main business district"},"content":{"rendered":"


\nAn increasing number of companies are taking advantage of sharply lower rents and locking in leases in sought-after towers in Central, Hong Kong\u2019s most desirable office address.HashKey Group, a pan-Asian global digital asset financial services group, is moving its headquarters to Three Exchange Square, in Connaught Place, from Pok Fu Lam, taking up the entire 14th floor, or 10,105 sq ft, from September 16, landlord Hongkong Land announced on Wednesday.\u201cOur new offices at Three Exchange Square\u2026
\n
\nSource : South China Morning Post
\nRead more…Companies find falling rents in Central hard to resist as they lap up office space in Hong Kong\u2019s main business district<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

An increasing number of companies are taking advantage of sharply lower rents and locking in...<\/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-122004","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-vJO","jetpack-related-posts":[{"id":98724,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stratospheric-rents-in-hong-kongs-central-no-problem-for-crypto-start-ups\/","url_meta":{"origin":122004,"position":0},"title":"Stratospheric rents in Hong Kong\u2019s Central? No problem for crypto start-ups","date":"September 28, 2018","format":false,"excerpt":"\r It\u2019s going to take more than a $600 billion crash in digital assets to deter cryptocurrency companies from splashing out on some the world\u2019s priciest offices. Crypto exchanges and investment funds are leasing space in several of the most prestigious buildings in Hong Kong, home to the highest rents\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":122004,"position":1},"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":[]},{"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":122004,"position":2},"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":13656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-companies-including-law-firms-moving-out-of-hong-kongs-cbd-but-not-just-to-escape-high-rents\/","url_meta":{"origin":122004,"position":3},"title":"More companies, including law firms, moving out of Hong Kong\u2019s CBD \u2014 but not just to escape high rents","date":"May 19, 2016","format":false,"excerpt":"\r With rents continuing to edge higher and vacancy rates for Grade A offices in Central getting tighter, many companies, including law firms, have been seeking office space out of the Central Business District.\r \r Source : South China Morning Post\r Read more...More companies, including law firms, moving out of\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":122004,"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":112544,"url":"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\/","url_meta":{"origin":122004,"position":5},"title":"Hong Kong\u2019s prime office rents fall by most in a decade as protests chill market, Chinese companies retreat","date":"November 22, 2019","format":false,"excerpt":"\r More 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.\r\rOverall rents in Grade A offices fell 1.6 per cent to HK$74.30 (US$9.50)\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\/122004"}],"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=122004"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122004\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}