Office Market Net Absorption Reached 183,000 Sq Ft in Q3, Driven by Pre-Committed Space in Hong Kong East
New “0+3” quarantine measure to help reignite business travel, although no immediate boost to tourism activities is anticipated Hong Kong’s Grade A office market remained generally quiet in Q3, but pre-commitments at new project completions pushed up citywide net absorption to reach 183,000 sq ft Overall office rents fell by a further 2.3% q-o-q, although the decline is expected to narrow in Q4, with the full-year rental […]