Assessment of office market in Hong Kong decentralised district versus CBD: boom and gloom
Series: Property Management ; 22(2) 2004, 93-107(15)Publication details: 2004Subject(s): Summary: Studies office decentralisation in Hong Kong's office market.Concludes that the Central Business District (CBD) is the most stable office market sector. During a market upturn the Grade A office market in Hong Kong Decentralised District (DD) has outperformed that of the CBD. However, during a market downturn, the vacancy rate in the DD tends to increase at a greater rate than that in the CBD. Concludes that periods with a sufficiently high index of decentralisation generally experienced increases in CBD rent premiums. Graphs, tables and references. [Taken from journal abstract].| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS67819 (Browse shelf(Opens below)) | 1 | Available | 126213-1001 |
Studies office decentralisation in Hong Kong's office market.Concludes that the Central Business District (CBD) is the most stable office market sector. During a market upturn the Grade A office market in Hong Kong Decentralised District (DD) has outperformed that of the CBD. However, during a market downturn, the vacancy rate in the DD tends to increase at a greater rate than that in the CBD. Concludes that periods with a sufficiently high index of decentralisation generally experienced increases in CBD rent premiums. Graphs, tables and references. [Taken from journal abstract].