The low interest rate environment and emerging economic recovery after consecutive quarters of contraction supported the revival of investment activities in office properties. Meanwhile, the risks of sooner-than-expected rate hikes and uncertainties surrounding the outbreak of the Delta coronavirus variant may pressure the office market, either on investment or leasing activity in particular.
In this publication, AVISTA Property Valuation team covered the performance of the HK office market in 2021 Q2 and the market potential of newly developed districts such as Kowloon East and Hong Kong Island South.
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