{"id":143893,"date":"2024-04-28T10:30:18","date_gmt":"2024-04-28T03:30:18","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-rising-demand-for-data-centres-will-not-rescue-hong-kong-office-buildings-with-high-vacancy-rates\/"},"modified":"2024-04-28T10:39:15","modified_gmt":"2024-04-28T03:39:15","slug":"why-rising-demand-for-data-centres-will-not-rescue-hong-kong-office-buildings-with-high-vacancy-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-rising-demand-for-data-centres-will-not-rescue-hong-kong-office-buildings-with-high-vacancy-rates\/","title":{"rendered":"Why rising demand for data centres will not rescue Hong Kong office buildings with high vacancy rates"},"content":{"rendered":"


\nRising demand for data centres is unlikely to provide relief for Hong Kong landlords and asset owners looking to convert their empty office spaces into industrial property, US asset manager PGIM says.
\n
\nSource : South China Morning Post
\nRead more…Why rising demand for data centres will not rescue Hong Kong office buildings with high vacancy rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rising demand for data centres is unlikely to provide relief for Hong Kong landlords and...<\/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-143893","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-BqR","jetpack-related-posts":[{"id":96395,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/data-centres-to-become-rising-investment-class-amid-hong-kongs-smart-city-bid\/","url_meta":{"origin":143893,"position":0},"title":"Data centres to become rising investment class amid Hong Kong\u2019s smart city bid","date":"August 21, 2018","format":false,"excerpt":"\r Hong Kong has the potential to be a regional technology centre and play home to more data centres. Can the availability of space and infrastructure catch up with the demand? Hong Kong aspires to become a smart city empowered by innovation and technology. As part of those innovation and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113255,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-land-shortage-is-forcing-international-schools-to-set-up-campuses-in-old-commercial-buildings-like-disused-shopping-centres\/","url_meta":{"origin":143893,"position":1},"title":"Hong Kong\u2019s land shortage is forcing international schools to set up campuses in old commercial buildings like disused shopping centres","date":"December 24, 2019","format":false,"excerpt":"\r Privately owned international schools looking for space to expand into Hong Kong are being forced to open campuses in places like converted shopping malls because of a lack of land, according to property agents.John Mortensen, senior director for education services, Greater China, at JLL, said school providers and investors\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121994,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-data-centres-is-in-a-lull-the-national-security-law-has-little-to-do-with-it\/","url_meta":{"origin":143893,"position":2},"title":"Demand for data centres is in a lull. The national security law has little to do with it","date":"September 14, 2021","format":false,"excerpt":"\r A sudden hush seems to have befallen the market for data centres, a coveted asset class since 2019. Investors now seem to be less interested. Some people speculated the National Security Law has something to do with it. Don\u2019t write off the market or Hong Kong, just yet.\r\rData centres\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retailers-stage-unprecedented-strike-in-14-shopping-centres-to-demand-lifeline-as-foot-traffic-plunges-amid-coronavirus-outbreak\/","url_meta":{"origin":143893,"position":3},"title":"Hong Kong retailers stage unprecedented strike in 14 shopping centres to demand lifeline as foot traffic plunges amid coronavirus outbreak","date":"February 18, 2020","format":false,"excerpt":"\r Fifty retailers shut their fashion outlets, restaurants and cafes in Hong Kong on Tuesday in an unprecedented strike to demand rental cuts, as plunging foot traffic caused by months of anti-government protests and a coronavirus outbreak threatens to decimate the industry.Confectioner Lady M, the French sportswear brand Lacoste distributed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115756,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-data-centres-represent-a-good-investment-opportunity-as-demand-for-data-grows-amid-lockdown-measures-5g-roll-out\/","url_meta":{"origin":143893,"position":4},"title":"Hong Kong data centres represent a good investment opportunity, as demand for data grows amid lockdown measures, 5G roll-out","date":"April 21, 2020","format":false,"excerpt":"\r The current pandemic has increased demand for data services. The closure of schools, work-from-home policies and social distancing are placing a greater demand on web-based platforms that support online meetings and classes.And while Hong Kong\u2019s real-estate market as a whole faces price and rent corrections, the data centre market\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83925,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-owner-of-link-reits-17-hong-kong-shopping-centres-says-rent-rises-not-winning-formula\/","url_meta":{"origin":143893,"position":5},"title":"New owner of Link Reit\u2019s 17 Hong Kong shopping centres says rent rises not \u2018winning formula\u2019","date":"March 28, 2018","format":false,"excerpt":"\r Goodwin Gaw, chairman of Gaw Capital Partners, believes he has found the formula for making a profit from his company\u2019s new investment in 17 Hong Kong shopping centres from The Link Real Investment Trust (Link Reit), without having to add pressure to tenants. The Hong Kong-based Gaw Capital led\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\/143893"}],"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=143893"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/143893\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=143893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=143893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=143893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}