fromSouth China Morning Post
1 week agoHong Kong's small landlords turn to co-working, student hostels to survive
The persistent 'flight to quality' creates a profound and escalating challenge for owners of older, non-prime office buildings. As corporates from high-value sectors consolidate into modern, ESG-compliant buildings, the demand for secondary space contracts to smaller local businesses, back-office functions and start-ups - all of which are highly price sensitive and have more options.
Real estate