{"id":171624,"date":"2026-04-26T10:30:08","date_gmt":"2026-04-26T03:30:08","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/2-speed-recovery-hits-central-landlords-as-older-towers-cut-rents-to-compete\/"},"modified":"2026-04-26T11:48:59","modified_gmt":"2026-04-26T04:48:59","slug":"2-speed-recovery-hits-central-landlords-as-older-towers-cut-rents-to-compete","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/2-speed-recovery-hits-central-landlords-as-older-towers-cut-rents-to-compete\/","title":{"rendered":"2-speed recovery hits Central landlords as older towers cut rents to compete"},"content":{"rendered":"


\nA two-speed recovery is emerging in Central\u2019s top-tier offices, prompting landlords to adopt a more hands-on leasing approach, including hiring asset managers, as rental performance diverges.
\nWhile much attention has focused on firms taking advantage of lower rents to move back into Central, widening the gap with other districts, data from CBRE showed another divide was widening within the business district itself.
\nIn the first quarter, vacancy in Central\u2019s grade A offices eased to about 9.6 per…
\n
\nSource : South China Morning Post
\nRead more…2-speed recovery hits Central landlords as older towers cut rents to compete<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A two-speed recovery is emerging in Central\u2019s top-tier offices, prompting landlords to adopt a more...<\/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-171624","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-IE8","jetpack-related-posts":[{"id":172326,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-earnings-show-hong-kongs-prime-commercial-districts-outpacing-others-in-recovery\/","url_meta":{"origin":171624,"position":0},"title":"Swire earnings show Hong Kong\u2019s prime commercial districts outpacing others in recovery","date":"August 6, 2026","format":false,"excerpt":"\r Hong Kong\u2019s commercial property recovery is increasingly becoming a story of location, with the fortunes of the city\u2019s biggest landlords diverging depending on the districts where they own office space. Swire Properties\u2019 first-half results on Thursday captured that shift. The developer owns office towers in both Admiralty, next to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111786,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-protests-hit-business-landlords-offer-hk1-rents-in-citys-most-expensive-office-towers\/","url_meta":{"origin":171624,"position":1},"title":"As Hong Kong protests hit business, landlords offer HK$1 rents in city\u2019s most expensive office towers","date":"October 22, 2019","format":false,"excerpt":"\r Some landlords are getting desperate in attracting tenants to their offices in Hong Kong, as more than four months of civic unrest have deterred many companies \u2013 especially mainland Chinese tenants more willing to pay top dollar for marquee addresses \u2013 from expanding their businesses in the world\u2019s costliest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115370,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-rents-might-need-to-be-halved-for-tenants-landlords-to-survive-coronavirus-outbreak-developer-says\/","url_meta":{"origin":171624,"position":2},"title":"Hong Kong retail rents might need to be halved for tenants, landlords to survive coronavirus outbreak, developer says","date":"April 3, 2020","format":false,"excerpt":"\r Hong Kong\u2019s retail landlords might have to cut rents by 50 per cent to attract new tenants amid a worsening outbreak of the novel coronavirus, one of the city\u2019s richest developers said.\u201cFor these few months, you\u2019ll probably see a 50 per cent cut in rents for the retail sector,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95547,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tapering-singapore-office-supply-gives-landlords-room-to-increase-rents\/","url_meta":{"origin":171624,"position":3},"title":"Tapering Singapore office supply gives landlords room to increase rents","date":"August 7, 2018","format":false,"excerpt":"\r Singapore\u2019s office market is in the early stages of a recovery as tapering office supply and strong pre-commitment levels have caused the office vacancy rate to decline, offering landlords higher bargaining power to increase rents. \u201cOffice rent is expected to increase by 20 to 25 per cent between 2018\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15116,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reem-island-tenants-rents-still-on-the-march-up\/","url_meta":{"origin":171624,"position":4},"title":"Reem Island tenants' rents still on the march up","date":"June 2, 2016","format":false,"excerpt":"\r ABU DHABI \/\/ People are paying higher rents on Reem Island, despite reports from property agencies that prices are falling.Two agencies reported drops of up to 6 per cent in the Shams development - including the Gate and Sun & Sky towers - on Reem as new housing came\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47751,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-office-rents-to-decline-further\/","url_meta":{"origin":171624,"position":5},"title":"Abu Dhabi office rents to decline further","date":"March 12, 2017","format":false,"excerpt":"\r Office rents in Abu Dhabi are expected to fall further this year as the office market continues to be hit by the mergers of some of the capital's largest companies, and lay-offs in the oil and gas sector.According to research by property broker CBRE, office rents in Abu Dhabi\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\/171624"}],"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=171624"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171624\/revisions"}],"predecessor-version":[{"id":171625,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171624\/revisions\/171625"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=171624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=171624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=171624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}