Rising demand for data centres in Hong Kong - CBRE
The data centre market in Hong Kong is estimated to be valued at around US$3 billion in 2023 with the demand is on the rise due to advancements in technology, particularly AI, says Chester Leung, Senior Director, Valuation & Advisory Services, CBRE Hong Kong.
Hong Kong office market remains weak as vacancy rates continue to rise - CBRE
Increased vacancy rates has some major landlords softening their lease negotiations as well as offering rental discounts and fit-out subsidies to attract tenants says CBRE Report.