Hong Kong residential, retail properties recover while office sector struggles with glut

Hong Kong residential, retail properties recover while office sector struggles with glut

Hong Kong’s office market is likely to trail other segments in terms of recovery as interest-rate cuts and easier mortgage financing rules drive bigger interest and deals in the residential and retail properties, analysts said. Office vacancy rates continued to worsen last month in more business districts in the city including Central, Wan Chai, Causeway…

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