vacancy rates

New Business

‘Survival of the fittest’: landlords give discounts to Five Guys, others amid retail slump

And with additional headwinds expected in 2025, they said, brands with international appeal or unique selling points are driving new…

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New Business

Hong Kong’s Tsim Sha Tsui named world’s fourth most expensive shopping district

Hong Kong’s Tsim Sha Tsui was the world’s fourth most expensive shopping district this year, dropping one spot from a…

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New Business

Large-scale departures from Beijing city centre leave gaping hole in office towers

“Office rents in the central business district have declined by 20 to 30 per cent from a year ago because…

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New Business

CEOs in Hong Kong turn to hybrid work model to retain talent, boost efficiency

Company bosses are turning their attention towards hybrid work environments for their employees, convinced that this approach will help retain…

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New Business

Hong Kong, mainland China weigh on Asia-Pacific office rents amid high vacancy: report

In terms of quarter-on-quarter change, Shanghai, Shenzhen, Guangzhou, Hong Kong and Beijing were also among the laggards, with rents decreasing…

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