As a densely populated international gateway city, Hong Kong is in short supply of land. Low vacancy means the city’s property prices and rents frequently top the global rankings, ensuring that cost-effective real estate is keenly sought after. Recent years have seen the growth in popularity of activity-based working, supported by the application of new technology and a stronger emphasis on collaboration in the workplace. As a result, individuals, start-ups and large companies are displaying solid demand for flexible workspace and other shared real estate. This production by CBRE Research explains the factors driving the development of shared space in Hong Kong and analyses its growth potential.

CBRE RESEARCH
This report was prepared by the CBRE Hong Kong Research Team, which forms part of CBRE Research – a network of preeminent researchers who collaborate to provide real estate market research and econometric forecasting to real estate.

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