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Hong Kong Property Market Monitor - May 2016

​After two months of negative growth, overall net take-up in the office sector returned to positive territory in April. 

In Central, limited tenant options and rising rent kept office leasing activity relatively subdued, but net take-up in Kowloon East was buoyed by relocation demand especially from the shipping/logistics sector.

Retail sales continued to be impacted by contracting inbound tourism numbers, but 3PLs remained active in the industrial leasing market despite a drop in both total exports and imports.

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