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Hong Kong office volumes tank on grim prospects

Hugo Cox
The territory's office real estate market looks unlikely to rebound for some time to come, given a mixture of ongoing coronavirus effects, hoarding owners and political unrest.
Hong Kong office volumes tank on grim prospects

Hong Kong’s office property market has seen a sharp recent slowdown and is unlikely to recover for many months thanks to the combination of political unrest, Covid-19 and well-capitalised building owners being reluctant to sell at a loss, argue real estate investors.

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