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noncore areas

Coverage of noncore areas in the Nexus archive.

Earliest in view: Jul 17 · 10:00 UTCMost recent: Jul 17 · 10:00 UTC
Co-mentioned in this coverage
Hong Kongplace1Centralplace1Banksorganization1cash-rich owner-occupierstopic1commercial-property purchasestopic1vacancy ratestopic1
Recent coverage
  • BUSINESSJul 17 · 10:00 UTCSCMP WORLD
    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%.

noncore areas · Dossier · The Nexus