JLL: Grade A office absorption in Hong Kong Wan Chai/Causeway Bay hit a new high in May exceeding 2 years, with vacancy rate falling to 9.8%.

According to the Economic Information APP, on June 24, Jones Lang LaSalle pointed out in its "Hong Kong Real Estate Market Observation" report that the absorption of Grade A office space in Wan Chai/Causeway Bay reached a new high since April 2024, mainly due to tight supply in Central office space, leading some rental demand to shift to Wan Chai/Causeway Bay.