Office Building Owned by Hong Kong's Second Richest Man Sees More Tenants

The Cheung Kong Center II, a 41-story building, now has about 60% of its space rented, which is more than double from the start of the year.

The economy is getting better, which is helping companies to rent more office space.

Cheung Kong Center II is in Hong Kong.

The company that owns the building, CK Asset, thinks it will be at least 75% full by the end of the year.

When the building first opened, it was hard to find renters because of a slow office market.

Hong Kong's office market is getting better, especially on Hong Kong Island, where companies want to rent high-quality space.

Office rents on Hong Kong Island have gone up 4.8% so far this year, with some areas seeing bigger increases.

The Cheung Kong Center II is benefiting from companies that cannot find space in other popular buildings.

Billionaire Li Ka Shing was photographed in 2018.

Some buildings are so popular that landlords can choose their tenants and even have waiting lists.

Landlords can increase prices and pick the best tenants for their buildings.

Hong Kong's economy is growing, which is helping the office market, and companies are looking for more space.

As the economy improves, companies are willing to spend more on better offices.

Office rents in Hong Kong may go up by as much as 5% this year.

Li Ka-shing is a very influential businessman who built his fortune in real estate and other industries, and he is still involved in his companies as a senior advisor.

COPYRIGHT DISCLAIMERS

4English does not own the rights to this content. All rights belong to the owner. 4English only uses this content to help users learn English via the app's features. Contact to request the removal of your content: contact@4englishapp.com.

श्रवण अभ्यास