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Office rents in Hong Kong’s Central district to fall by up to 7 per cent as trade war dampens Chinese firms’ expansion plans, says Knight Frank

S.China Morning Post Thursday, 14 February 2019
Prime office rents in the Central business district are forecast to decline by as much as 7 per cent this year as mainland Chinese companies pare back their expansion plans amid uncertainties ranging from the US-China trade war to cooling domestic economic growth, according to Knight Frank’s latest global outlook report released on Thursday. “There are already signs of market softening since November, the first time in 29 months. An uncertain China-US trade relationship and the...
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