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Colliers Quarterly | Q4 2019 | Office

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Investment volume dropped 77.4% QOQ to HKD1.5 billion (USD187 million) and Grade A office prices declined 1% QOQ amid uncertainties. Demand should stay weak and rents will likely fall in 2020 despite very little new supply. Whilst we expect strata-office prices to fall by 10% in 2020, this should provide a window of opportunity for investors. We recommend tenants desiring Central offices look now, considering the higher vacancies and lower rents.

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Colliers Quarterly | Q4 2019 | Office

Download Report