Net office absorption shrinks by the most in a quarter in 18 years, pushing overall availability higher to 10%
- Written by Reporters
- Grade A office rents in core districts fell sharply in Q1 2020 with those in Greater Central and Wanchai/Causeway Bay dropping by 4.0% and 5.2% respectively from last quarter, under the impact of the COVID-19 pandemic and a subdued economic outlook
- Retail market indicators plummeted, with the F&B sector the hardest hit by the pandemic...