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Colliers Radar | Revisiting the CBD Grade A office space

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Hong Kong Research Radar CBD 1536x1040

Hong Kong’s largest and most prestigious office location

Over the last decade, Hong Kong’s CBD office market has been dominated by limited availability and high rents. This has seen the emergence of a popular occupier strategy to decentralise to find more competitive options.  

Since the second half of 2018, Hong Kong’s Grade A office market has entered a correctional phase leading to a drop in rental rates of 26% in the CBD from its last peak in March 2018. 

In our latest Colliers Radar, we revisit the current landscape of the CBD Grade A office market to examine the drivers behind this major shift. We also discuss the diverging performance between higher-quality and mid-market buildings, and what this means for occupiers and landlords. 

To #SeeWhatCouldBe, download our exclusive Colliers Radar, Revisiting the CBD Grade A office space, or contact one of our experts Nigel Smith, Chris Currie, Fiona Ngan, or Rosanna Tang.


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Colliers Radar | Revisiting the CBD Grade A office space

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Nigel Smith

Managing Director

Hong Kong

Nigel Smith is the Managing Director of Colliers International’s Hong Kong Office. He is responsible for daily operations, key strategic opportunities, driving client engagement and securing new business.  Having joined Colliers in 2015 he has since turned the Hong Kong business around through a powerful combination of actionable research, innovative marketing and personalised service delivery. He is actively committed to diversity and inclusion, supporting company and community initiatives towards gender equality and wellness.

Nigel is also a member of the Asia Leadership Team.

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Chris Currie

Executive Director

Occupier Services

Hong Kong

Chris has been working within the Asian Real Estate Industry for over 15 years across Vietnam, Mainland China and Hong Kong. 

Chris brings with him deep industry experience from the Office Services business as well as the structuring, organising and managing of the sales process.

In his current role Chris oversees the agency business lines (Office, Retail, Strata title) but with a prime focus on the larger occupiers within the Hong Kong office market. 

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Fiona Ngan

Head of Office Services

Office Services

Hong Kong

Fiona Ngan is the Head of Office Services and she has 26 years in this field and presently focuses on leading the Hong Kong and Kowloon Office team. Her strengths include project leasing and the provision of a board range of client services, particularly in Tenant Representations. She has extensive experience in business development, real estate strategic solutions and a range of consultancy services.

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Rosanna Tang

Head of Research, Hong Kong & Greater Bay Area

Research

Hong Kong

Rosanna Tang leads the research team in Hong Kong and South China in Colliers. Driving different research papers and client-orientated initiatives, Rosanna has a deep understanding of all property sectors, research products, and client requirements. Rosanna is also one of the spokespersons in the company, and she frequently speaks in different industry events and media interviews. 
 

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