Caixin
Apr 12, 2023 06:01 PM
CHINA

Hong Kong Shared Offices in Hot Demand as Mainland Firms Pile In

People stroll around office buildings during lunch hour in Hong Kong’s Central district. Photo: Bloomberg
People stroll around office buildings during lunch hour in Hong Kong’s Central district. Photo: Bloomberg

(Bloomberg) — Chinese mainland companies are pushing up demand for upscale shared office space in Hong Kong’s core Central district.

The Executive Centre, the biggest flexible workspace landlord in the Central’s grade-A buildings, saw a fivefold increase in new leases in March compared with January. About 70% of the new tenants were Chinese companies, according to the firm. 

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