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Jones Lang LaSalle: The vacancy rates of Grade A office buildings in Central and Eastern Hong Kong in July decreased to 12% and 13.1% respectively.
At the end of last month, the overall vacancy rate of Grade A office buildings in Hong Kong rose to 13.7%. The vacancy rates in Central and East of Hong Kong Island decreased to 12.0% and 13.1% respectively. In contrast, the vacancy rate in East Kowloon increased by 0.5 percentage points.
Jones Lang LaSalle: The overall volume of Grade A office buildings in 14 key cities in China increased by 5.2% year-on-year in the first half of the year.
As of the first half of 2024, the overall volume of Grade A office buildings in 14 key cities in China increased by 5.2% year-on-year. Among them, the total volume of Beijing, Shanghai, Guangzhou, Shenzhen and Hong Kong amounted to 64.02 million square meters, increasing by 5.3% year-on-year.
Press Release: $620M Financing Secured for Hyatt Regency Orlando
Why Jones Lang LaSalle (JLL) Is a Top Momentum Stock for the Long-Term