hong kong grade a office vacancy
Hong Kong Grade A office vacancy hits record high of 14.1% in Q3
Hong Kong Grade A office vacancy hits record high of 14.1% in Q3
The total vacant space reached 11.9m sq ft of vacant space during the quarter.
Hong Kong Grade A office vacancy reaches a record 11.3m sq ft in August
Nearly 10% of all Grade A office occupiers downsized in the last three years.
Hong Kong Grade A office vacancy hits highest levels since 2003
The total volume of vacant space is at a record 9.8 million sq ft.
Hong Kong Grade A office net absorption sees longest downcycle in history
Total net absorption was -162,000 sq ft in Q4 2021.
Hong Kong Grade A office rents slip 1.5% in Q3
Rents declined in all major submarkets while Kowloon rents proved more resilient.
Hong Kong Grade A office sector sees ‘longest local market downcycle in history’: CBRE
Q3 marked the eighth consecutive quarter of negative net absorption.
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