{"id":95877,"date":"2018-08-12T00:31:24","date_gmt":"2018-08-11T17:31:24","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/multinationals-shift-out-of-central-hong-kong-to-attract-talent-and-embrace-in-office-entertainment-trend\/"},"modified":"2018-08-12T01:03:07","modified_gmt":"2018-08-11T18:03:07","slug":"multinationals-shift-out-of-central-hong-kong-to-attract-talent-and-embrace-in-office-entertainment-trend","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/multinationals-shift-out-of-central-hong-kong-to-attract-talent-and-embrace-in-office-entertainment-trend\/","title":{"rendered":"Multinationals shift out of Central Hong Kong to attract talent, and embrace in-office entertainment trend"},"content":{"rendered":"<p>&#013;<br \/>\nMultinationals operating in Hong Kong are moving into flexible commercial spaces in its outer suburbs, adapting to the global trend of providing less formal workplaces in cities, especially in such cities with tightening supply and rising costs.<br \/>\nAround the world, firms are increasingly providing in-house entertainment to attract and retain employees, and are moving to larger premises to do so.<br \/>\nIn Hong Kong, the market is seeing some major international firms similarly relocating away from&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/2159207\/multinationals-shift-out-central-hong-kong-attract-talent-and-embrace\" target=\"_blank\">Multinationals shift out of Central Hong Kong to attract talent, and embrace in-office entertainment trend<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Multinationals operating in Hong Kong are moving into flexible commercial spaces in its outer suburbs,&#46;&#46;&#46;<\/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-95877","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-oWp","jetpack-related-posts":[{"id":167889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-and-singapore-landlords-embrace-flex-offices-as-multinationals-reshape-demand\/","url_meta":{"origin":95877,"position":0},"title":"Hong Kong and Singapore landlords embrace flex offices as multinationals reshape demand","date":"December 21, 2025","format":false,"excerpt":"\r Landlords in Hong Kong and Singapore are expected to continue allocating space to flexible office operators as multinational corporations reshape the sector\u2019s risk profile and fuel long-term demand, according to industry experts. A major driver behind this shift is the rapid change in who uses flexible workspaces. Global companies\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54713,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-hip-to-work-in-quarry-bay-as-foreign-firms-exodus-central\/","url_meta":{"origin":95877,"position":1},"title":"It\u2019s hip to work in Quarry Bay, as foreign firms exodus Central","date":"May 14, 2017","format":false,"excerpt":"\r Quarry Bay is quickly becoming Hong Kong\u2019s new hip business district, as mainland companies take over Central, and foreign firms leave in their droves. As mainlanders continue to swoop on trophy buildings in Central, foreign multinationals are relocating to the east of Hong Kong Island, and this \u201cdecentralisation\u201d has\u2026","rel":"","context":"In &quot;Property News&quot;","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":95877,"position":2},"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 &quot;Property News&quot;","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":95877,"position":3},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127096,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-may-attract-more-chinese-firms-as-office-rental-cost-gap-narrows-between-greater-bay-area-cities-and-hong-kong\/","url_meta":{"origin":95877,"position":4},"title":"Kowloon may attract more Chinese firms as office-rental cost gap narrows between Greater Bay Area cities and Hong Kong","date":"June 21, 2022","format":false,"excerpt":"\r The average office rent fell nearly 10 per cent in May in Kowloon, leaving rents in the parts of the district close to what they are in Shenzhen and Guangzhou.\r \r Source : South China Morning Post\r Read more...Kowloon may attract more Chinese firms as office-rental cost gap narrows\u2026","rel":"","context":"In &quot;Property News&quot;","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":95877,"position":5},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/95877"}],"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=95877"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/95877\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=95877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=95877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=95877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}