HK Office Market Sees Increased Activity, But No Clear Sign of Recovery Yet.
AI Summary1 min read
TL;DR
Hong Kong's office market shows more activity but hasn't hit bottom yet, with COVID-19 and social unrest causing high vacancies. Recovery is expected to take time despite some optimism.
The Hong Kong office market is experiencing increased activity, but experts question whether it has reached the bottom yet. The market has been impacted by the COVID-19 pandemic and social unrest, leading to a decline in leasing activity and a rise in vacancy rates. While there is optimism about the market's recovery, some experts believe that it may take time for the market to fully rebound.
