JLL: Hong Kong Grade A office rents up in 1Q15
Jones Lang LaSalle IP noted in its Office Index report for 1Q15 that office rents in Hong Kong Central were USD1,525 per square metre per annum. This represents an increase in of 1.3% q-o-q and 3.4% year-on-year. Capital values (USD51,597 per square metre) are up 0.4%q-o-q and up 1.0% y-o-y. As of 1Q15, Grade A office space in Hong Kong is roughly 50% more expensive to rent than in Beijing, the city with the second most costly office rentals in the Asia-Pacific.
Source : 31 March 2015/JLL/Hong Kong/OFF