Hong Kong’s overall class A office market recorded a positive net absorption of 137,000 square feet in March, according to JLL's latest Hong Kong Property Market Monitor.
This is mainly due to realization of precommitments in completed new projects. Among new lettings, an insurance company leased one floor with a total gross floor area of 53,600 square feet at AIRSIDE in Kai Tak to meet with growing business demand. Insurance companies, which benefited from the return of mainland tourists, are actively driving leasing demand in Hong Kong and will continue to do s
