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HK office rents soar despite fund house, PB mergers

Joe Marsh
Chinese firms are driving prime real estate prices in Hong Kong's Central district to record highs, even as several large tenants exit or reduce floor space following mergers, says JLL.
HK office rents soar despite fund house, PB mergers

Hong Kong prime office rents continue to post record highs this year, despite consolidation and downsizing in Asia among many Western asset and wealth management firms, with Chinese groups now the dominant driver of demand for core real estate.

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