{{ 'Go back' | translate}}

Worlds costliest offices are poised to enter tenants market as Hong Kong businesses reel from coronavirus, protest movement

Hong Kongs notoriously pricey office rental sector is fast becoming a tenants market as last years protest movement and the current coronavirus pandemic have prompted struggling companies to bail on their leases.A huge increase in firms, from co-working space providers to finance companies and retailers, abandoning their offices before the contracts expire has helped free up space and contributed to a fall in rental rates.Given that real estate is one of the single largest costs in