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“Meeting continued demand” – South China Morning Post interviews Alan Seigrist on Hong Kong’s serviced office market trend


The South China Morning Post, the leading English newspaper in Hong Kong, recently interviewed Alan Seigrist, Chief Financial Officer of The Executive Centre, on the upcoming serviced office market trend in Hong Kong.

Although the rental office market was stagnant during the first half of this year due to continuing cost-cutting by multinational financial firms, according to Alan, the serviced office market has been experiencing an optimistic expansion in light of a significant increase in Chinese companies setting up in Hong Kong.

He said that the strong demand for office space, particularly from new Chinese companies which choose to start up in Hong Kong, is a good sign to expand. Rather than traditional offices, start-ups tend to look for space with flexible solutions and premium business services until they become more established.

Two million square feet of office space at The Executive Centre in Hong Kong have been taken up by Chinese companies, an increase of nearly five times the occupancy rate in 2009. As the leading premium serviced office provider in Asia Pacific, The Executive Centre will accelerate its fast pace of expansion over the coming four years in order to cope with the significant increase in demand for serviced office space in Hong Kong and the region.

About The Executive Centre

The Executive Centre is the leading premium serviced office provider in Asia Pacific with over 80 centres in 21 cities. Founded in 1994, it operates in Hong Kong, Beijing, Chengdu, Shanghai, Tianjin, Shenzhen, Guangzhou, Macau, Taipei, Tokyo, Seoul, Singapore, Jakarta, Bangalore, Chennai,Pune, Mumbai, Gurgaon, Brisbane, Perth and Sydney. The Executive Centre provides serviced offices, virtual office representation services, meeting and conference facilities, and business concierge services to multinational corporations, small and medium enterprises, and start-ups locally, regionally and internationally. Please visit our Web site at

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