Jul
11
2012

Office Rental Growth in Hong Kong Accelerates

According to Knight Frank Research, strong demand from the company sector and limited new office supply have ended in declining vacancy rates and accelerating office rental growth. The typical rent of Grade-A offices rose by 3.9% in August, after rising by 3.0% in July. The month-on-month rental growth in August was the fastest since April 2008. Among all districts, “Traditional Central” led the market during the last month with rents growing 7.7%, followed by 6.3% […]