Central
Coverage of Central in the Nexus archive.
- ELIFIN’s Commercial Property of the Week: Standalone drive-through building in Central
ELIFIN’s Commercial Property of the Week is a 2018-built, freestanding drive-through building in Central on Sullivan Road. The ±2,400 SF former Investar Bank branch includes three rear drive-through lanes, a front driveway for an ATM, and no financial institution use restrictions.
- Cheung Kong Center II tests higher rents amid rebound in Central office market
Cheung Kong Center II is testing office rents above HK$100 per square foot, signaling a rebound in Hong Kong's Central office market. The 41-storey tower, developed by CK Asset Holdings, is closing the gap with the area's most in-demand office buildings.
- Police: Store clerk hurt after being dragged by vehicle during robbery in Central
A store clerk sustained life-altering injuries after being dragged and partially run over during a robbery at a convenience store in Central. The incident occurred following a robbery at the store.
- Funeral services to be held for Sen. Lindsey Graham in the Palmetto State
Funeral services for Sen. Lindsey Graham are being held in South Carolina following an earlier event in Washington D.C. The public is invited to a procession from the State House to a church in Columbia, featuring a military flyover. Graham's hometown of Central, South Carolina, is mourning his sudden passing.
- Hong Kong’s office market: Central booms, but noncore areas struggle
Hong Kong’s office market is divided, with prime business districts like Central experiencing demand while noncore areas face weak leasing activity and high vacancy rates. Banks' reluctance to finance commercial-property purchases has allowed cash-rich owner-occupiers to buy discounted offices in traditional commercial districts, contrasting with secondary locations where vacancy rates reach 30%.
- Central pastor arrested on battery charge ordered to stay 50 yards from neighbor
Central pastor Tony Spell was arrested on a battery charge and issued a protective order requiring him to stay 50 yards from his neighbor's home. The order followed the June arrest.
- Longtime friend, aide reflects on Sen. Lindsey Graham’s decades of service
Kevin Bishop, a longtime aide to Sen. Lindsey Graham, reflects on three decades of collaboration and Graham's impact on American politics. Bishop highlights Graham's role in the Clinton impeachment trial and his efforts to assist small communities like Packalet, South Carolina, while noting his sister Darline's recent appointment to fill his Senate seat.
- Hong Kong office vacancy rates to plateau as Central hits 43-month low
Hong Kong’s office vacancy rates are expected to plateau at 14% as Central’s vacancy rate hit a 43-month low in June. JLL reported the overall vacancy rate fell to 13.1% in the first half, but an upcoming supply pipeline will likely push it back to 14%.
- Hong Kong’s roast meat chains expand as recovery in shop markets remains uneven
Hong Kong’s roast meat restaurant chains are expanding in tourist districts like Mong Kok, Tsim Sha Tsui, Central, and Causeway Bay, while the broader retail property market shows uneven recovery and elevated vacancy rates. The number of siu mei restaurants specializing in Cantonese roasted meats has increased in these core shopping areas.
- Hong Kong prime office vacancy hits 7-month low on Central spillover demand
Hong Kong’s prime office vacancy rate fell to a seven-month low in May, driven by spillover demand from Central, where premium offices were nearly full. Tenants shifted to neighboring areas like Wan Chai and Causeway Bay, reducing vacancy there to 9.8%, the lowest in 10 months.
- Hong Kong prime office vacancy hits 7-month low on Central spillover demand
Hong Kong’s prime office vacancy rate fell to a seven-month low in May, driven by spillover demand from Central. Tenants in Central, where premium offices are near full occupancy, shifted to neighboring areas like Wan Chai and Causeway Bay, reducing vacancy rates there to a 10-month low.
- Report: Central pastor Tony Spell arrested on battery charge
Central pastor Tony Spell was arrested Tuesday on a second-degree battery charge, according to the Advocate report.
- Hong Kong police arrest boy, 14, after blade found on Citybus double-decker
Hong Kong police arrested a 14-year-old boy after a 13cm box cutter with an extendable blade was found on a Citybus double-decker on route 37A. The item was discovered between two seats on a bus traveling from Pok Fu Lam’s Chi Fu Fa Yuen to Central at approximately 5:20pm on Wednesday.
- HKEX revamps US$812m headquarters with new entrance, finance museum in Central
Hong Kong Exchanges and Clearing (HKEX) will revamp its US$812 million headquarters in June next year to enhance its competitiveness as a leading IPO market and fixed-income and commodities trading hub. The project includes a new entrance, a finance museum, and aims to create a 'future-ready' hub in Hong Kong’s Central district.
- Hong Kong mobile ice cream vendor told to stop selling product due to bacteria
Hong Kong authorities have ordered a licensed mobile ice cream vendor in Central to stop selling soft ice cream after samples were found to contain coliform bacteria levels exceeding legal limits by more than three times. The Food and Environmental Hygiene Department's Centre for Food Safety found 310 coliform bacteria per gram in the sample, surpassing the regulatory limit of 100 per gram.
- Hong Kong helpers cry out as popular garden in Central to close for underpass work
A Hong Kong migrant workers' group is calling on authorities to expand pedestrian areas in Central on Sundays as Statue Square Gardens will temporarily close for construction of a pedestrian underpass. The underpass project, part of developer Henderson Land Development's requirements for a Central harbourfront site, will connect the Central MTR station to other areas.
- Hong Kong market regulator takes on ‘collection agent’ role for wronged investors
Hong Kong's Securities and Futures Commission has facilitated a record HK$1.5 billion settlement for wronged independent shareholders of Giordano International. Hundreds of investors queued at Edinburgh Tower in Central to claim their share of the largest settlement on record by the city's market regulator.
- Progress Patches Critical MOVEit Automation Bug Enabling Authentication Bypass
Progress Software has released updates to address two security flaws in MOVEit Automation, including a critical bug that could result in an authentication bypass. The patches address security issues in the managed file transfer solution used in enterprise environments. This update is crucial for securing file movement workflows.