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Net absorption of office space in Hong Kong Q2 2020, by district

This statistic compares the net absorption of grade A office spaces in Hong Kong in the second quarter and year to date of 2020, by city district. In the 2nd quarter of 2020, the net absorption of grade A office spaces in New Territories was around -34,900 square feet. Office rents in Hong Kong registered the sharpest fall in 11 years due to the COVID-19 pandemic.

Net absorption in grade A office spaces in Hong Kong in the 2nd quarter and year to date 2020, by city region

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Source

Release date

July 2020

Region

Hong Kong

Survey time period

Q1 and Q2 2020

Supplementary notes

Net absorption is the total new square footage leased minus the total square footage of tenants that no longer occupy their suites in a given time period.

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