Payment Optimisation the Utmost Priority Amongst Place of work Occupiers in Hong Kong Amidst Unsure Working Setting: Colliers

Colliers Hong Kong Occupier Observe 2024

Catch Recount – Hong Kong Occupier Observe 2024 | Colliers

Now not easy and volatile macroeconomic and geopolitical environments are inflicting companies in Hong Kong to cease aware of their enterprise outlook, basically based on the Colliers Hong Kong Occupier Observe 2024, which became as soon as performed between April and Also can simply 2024, soliciting views from 385 commercial property occupiers in Hong Kong.

Snapshot:

This twelve months’s proportion of occupiers in Hong Kong who’re taking just to positive stances on their enterprise outlook dropped by 7-percentage aspects to 71%, when in contrast with final twelve months. As such, extra than a quarter (27%) of companies are having a take a look at to downsize their place of work footprint, versus right one-fifth (21%) within the 2023 take a look at. Better than half of (54%) cited no trade to their present place of work dimension, a identical percentage (fifty three%) when in contrast with final twelve months.

Condominium stage (94%) remains the head consideration amongst all surveyed occupiers when selecting an place of work home. Here’s adopted by constructing quality (73%) and floor plate dimension (36%), of which the latter is foremost to enormous companies because it is foremost in designing a versatile layout that can lower the designate of future redesigns.

Per the take a look at, roughly two-thirds (64%) of occupiers intend to live of their present constructions. Amongst them, 43% thought to resume their rent with out a trade to place of work dimension, whereas 12% are desirous about downsizing and 9% thought to enlarge within the identical constructing. Optimising occupied house is a key factor of their leasing choices.

In rent negotiations, most respondents (80%) cited rent-free intervals as the most valuable incentive. Additionally, 50% of respondents expressed a preference for versatile rent terms, and forty eight% wish landlords can make a contribution to capital expenditure costs.

Total, 72% of take a look at respondents mentioned they search info from to make use of venture administration products and companies when deciding their leasing suggestions. Such consist of spatial planning (47%), create and produce (44%), place of work devices restacking (43%), and relocation consultancy (43%), reflecting the designate they take a look at in these products and companies as they take a look at to maximise the usage and worth of their place of work home.

Catch Recount – Hong Kong Occupier Observe 2024 | Colliers

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