{"id":54165,"date":"2017-05-09T15:47:59","date_gmt":"2017-05-09T08:47:59","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-firms-relocate-their-hong-kong-offices-to-outer-suburbs-as-mainland-companies-take-over-central\/"},"modified":"2017-05-09T15:50:04","modified_gmt":"2017-05-09T08:50:04","slug":"foreign-firms-relocate-their-hong-kong-offices-to-outer-suburbs-as-mainland-companies-take-over-central","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-firms-relocate-their-hong-kong-offices-to-outer-suburbs-as-mainland-companies-take-over-central\/","title":{"rendered":"Foreign firms relocate their Hong Kong offices to outer suburbs as mainland companies take over Central"},"content":{"rendered":"


\nAs 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.
\nAccording 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 with rents edging up 0.5 per cent month-on-month.
\nAndrew Yates, head of tenant representation in JLL\u2019s markets department, said Chinese occupiers are coming into Central in…
\n
\nSource : South China Morning Post
\nRead more…Foreign firms relocate their Hong Kong offices to outer suburbs as mainland companies take over Central<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As mainland companies continue to swoop on trophy buildings in Hong Kong\u2019s Central district, foreign...<\/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-54165","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-e5D","jetpack-related-posts":[{"id":42361,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-record-office-rents-drive-more-firms-out-of-central-to-outer-suburbs\/","url_meta":{"origin":54165,"position":0},"title":"Hong Kong\u2019s record office rents drive more firms out of Central to outer suburbs","date":"January 31, 2017","format":false,"excerpt":"\r More European and US companies operating in Hong Kong are moving out of the city\u2019s Central district, relocating their offices to outer suburbs to save on rent in the world\u2019s costliest major urban centre. In the latest sign of the change, legal firm Freshfields Bruckhaus Deringer and asset manager\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":54165,"position":1},"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":[]},{"id":118419,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-firms-plough-their-cash-into-hong-kong-property-as-souring-foreign-ties-put-us-australia-uk-out-of-the-picture\/","url_meta":{"origin":54165,"position":2},"title":"Mainland Chinese firms plough their cash into Hong Kong property as souring foreign ties put US, Australia, UK out of the picture","date":"September 1, 2020","format":false,"excerpt":"\r Capital from mainland China is likely to be the main source of investment in Hong Kong property in the foreseeable future, analysts said, as Chinese businesses face deeper scrutiny elsewhere amid worsening relations with a number of western countries, particularly the US and Australia.In the first half of the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weworks-minority-owned-china-unit-eyes-hong-kong-expansion-on-back-of-demand-from-web3-and-crypto-firms-mainland-border-reopening\/","url_meta":{"origin":54165,"position":3},"title":"WeWork\u2019s minority-owned China unit eyes Hong Kong expansion on back of demand from Web3 and crypto firms, mainland border reopening","date":"June 12, 2023","format":false,"excerpt":"\r The firm, in which Shanghai-based investment firm Trustbridge Partners holds a more than 51 per cent share and WeWork Global has a minority stake, is seeing more Chinese firms turning to flexible offices in Hong Kong.\r \r Source : South China Morning Post\r Read more...WeWork\u2019s minority-owned China unit eyes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parking-is-prime-in-hong-kong-property-market\/","url_meta":{"origin":54165,"position":4},"title":"Parking is prime in Hong Kong property market","date":"May 18, 2017","format":false,"excerpt":"\r The most expensive plot of land ever sold in Hong Kong is a public car park squeezed between Cheung Kong Center and Hutchison House, two major flagship buildings owned by the city's richest man Li Ka-shing.The HK$23.3 billion (Dh10.99bn) site at Murray Road, in the heart of Hong Kong's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-firms-likely-to-need-another-4-million-sq-ft-in-office-space-in-hong-kong-colliers-says\/","url_meta":{"origin":54165,"position":5},"title":"Mainland Chinese firms likely to need another 4 million sq ft in office space in Hong Kong, Colliers says","date":"September 20, 2021","format":false,"excerpt":"\r Mainland Chinese companies are likely to require an additional 4 million sq ft of office space in Hong Kong by 2025, according to Colliers.Estimates based on a report published by the property consultancy on Monday suggest that these companies will occupy 18.06 million sq ft in Hong Kong in\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\/54165"}],"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=54165"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/54165\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=54165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=54165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=54165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}