Mainland school operator leases Kowloon tower as talent influx drives city’s education boom

A Hong Kong-listed educational group has completed the largest commercial property leasing deal so far this quarter, as the sector benefits from an influx of immigrant and expatriate families to the city, according to CBRE.
The tenant agreed to occupy and transform the entire Tower B at the China Life Centre in Hung Hom, Kowloon into a purpose-built education complex spanning about 36,400 square feet, said Frederick Lai, senior director for capital markets at the property consultancy.
“This...