For the week spanning June 1-8, the state saw 2,000 more arrivals than it did in the same period in 2019. But it’s facing a shortage of hospitality workers.
The firm is offering HK$5 in cash for each share of the Chinese office development firm.
Remote working means companies concerned about costs could decide to keep just the core staff needed for in-person collaboration, new report warns.
For years, international investors spent the most on the office sector. But that has now changed, especially with the long-term outlook for offices remaining uncertain.
The company will allow most employees in the U.S. and U.K. to have the choice to work from home Mondays and Fridays.
“The COVID-19 pandemic created an even more compelling environment for real estate debt,” says one industry participant.