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Property

Demand for central Hong Kong offices returns

Near-30% decline in rents helps lure back tenants from outlying areas

HONG KONG -- Demand for space in central Hong Kong's premium office towers has started to rebound even as the U.S. warns multinationals about heightened risks under the national security law imposed on the city by Beijing a year ago.

Analysts say that occupied office space in Hong Kong's central business district rose during the April-June quarter, the first net gain since mass anti-government protests erupted in the city two years ago.

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