Nearly 3 In 4 CEOs Expect To Downsize Office Space

GLOBAL – In a survey of Fortune 500 CEOs, 73.6 percent of the respondents revealed that they would require less workspace in the future, reported Fortune magazine on Wednesday evening (23 June, SGT). Nonetheless, 51.4 percent...

Office Market In Hong Kong Currently Favours Tenants

HONG KONG – Companies may require less office space in the Chinese territory as businesses embrace a hybrid work policy that blends working in the office and at home, even as the COVID-19 pandemic becomes...

Is It The End of Large Regional HQs?

SINGAPORE – The trend wherein multinational corporations (MNC) establish huge regional headquarters in financial hubs could be over, reported The Business Times on Wednesday morning (21 April, SGT). Due to the COVID-19 pandemic, it’s reasonable to...

Bosses At HSBC Forced To Share Desks

UNITED KINGDOM – HSBC’s headquarters in the Canary Wharf complex in east London is transforming its entire executive floor into collaborative spaces & meeting rooms for customers under the under the orders of its CEO...

Hong Kong’s Office Space Availability Hits “Record-breaking High”

HONG KONG – Total office space availability in the Chinese territory for the first quarter of the year reached 14 percent, a record-breaking high since Q2 2004, according to a new report published by Cushman...

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