West Kowloon district emerging as new darling of Hong Kong-based multinational tenants

The West Kowloon district is likely to become an important commercial district in Hong Kong in the coming years, as new office space comes onto the market, according to analysts.“The Kowloon station precinct serves as an extension to the core Tsim Sha Tsui office submarket but currently has only limited amount of office space, so it isn’t seen as a stand-alone office submarket for the time being,” said Marcos Chan, head of research at real estate firm CBRE Hong Kong.However, “the future offices…

West Kowloon district emerging as new darling of Hong Kong-based multinational tenants
The West Kowloon district is likely to become an important commercial district in Hong Kong in the coming years, as new office space comes onto the market, according to analysts.“The Kowloon station precinct serves as an extension to the core Tsim Sha Tsui office submarket but currently has only limited amount of office space, so it isn’t seen as a stand-alone office submarket for the time being,” said Marcos Chan, head of research at real estate firm CBRE Hong Kong.However, “the future offices…