HONG KONG -- Investors are paying top dollar for Hong Kong office space even as the economy struggles and corporate downsizing is forcing landlords to cut rents.
Top-grade office values in Hong Kong's central business district fell 30% to 40% in the six months to April, real-estate brokerages said. But prices fetched in recent sales indicate the market is rebounding.
No Recession in Hong Kong Office Sales - WSJ.com