Retail in Asia

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HK’s Hysan remains optimistic about office market

Hysan Development, the biggest landlord in Hong Kong’s Causeway Bay, remains confident about the outlook for the office market, despite the occupancy rate of its new Hysan Place development showing no major signs of improvement.

Hysan Place, formerly the Hennessy Centre, will open on Friday.

The 450,000-square-foot shopping arcade in the building has been fully let and is expected to draw 100,000 shopper visits a day.

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