Office rentals in Hong Kong are rising driven by the pickup in the local economy and increasing inve...
Office rentals in Hong Kong are rising driven by the pickup in the local economy and increasing investment in China. Gerald Smith, head of Asia Pacific equities at Baillie Gifford says: "There is fairly good demand for prime quality office space and supply has been fairly limited. "The government decided to release a former British military base, the Tamar Base, onto the market, and this should put some additional supply onto the market." However, he notes that this may signal the start of the government taking a more interventionist approach to the commercial property market, as it is ...
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