Hong Kong’s Grade A office market records negative take-up - JLL
In September 2024, Hong Kong’s Grade A office market saw a negative net absorption of 57,500 sq ft due to a lack of major leases, with the vacancy rate remaining at 13.4%, says Cathie Chung, Senior Director of Research, JLL Hong Kong.
Central Hong Kong vacancy continues to go up in June - JLL
In June 2024, the vacancy rate for Grade A offices in Central rose to 12.1% and net effective rents dropped by 0.6%, said Alex Barnes, Managing Director and Head of Office Leasing Advisory at JLL in Hong Kong.
Vacancy rate of overall Grade A office in Hong Kong rises to 13.5% in May- JLL
In May 2024, the overall vacancy rate for Grade A offices in Hong Kong increased to 13.5%, primarily due to the new completions and rents fell for the 25th consecutive month, with notable decreases in Central, Hong Kong East, Tsimshatsui, and Kowloon East, according to JLL's latest Hong Kong...
Hong Kong's grade A office market sees growth in March – JLL
Hong Kong’s overall Grade A office market recorded a positive net absorption of 137,000 sq ft in March, mainly driven by pre-commitments in new projects according to JLL.
