EconomyFor investors, offices now fall into two camps: the best and the rest
Office markets from Hong Kong to New York are increasingly divided: tenants are competing for prime buildings, while other properties face falling rents, low occupancy and financing pressure. Analysts say the split reflects a flight to quality and a gap between improving leasing fundamentals and property-value recovery; limited new supply in prime locations is reinforcing it.
For investors, offices now fall into two camps: the best and the rest
Economy