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Hong Kong development chief reassures market on Northern Metropolis office supply

Hong Kong's Development Chief, Bernadette Linn, has allayed fears that the Northern Metropolis project will negatively impact the city's office market. She stated that the substantial amount of economic floor space being developed is intended for the innovation and technology sector, not traditional offices. Linn addressed these concerns in the Legislative Council, responding to a lawmaker's question about potential oversupply. AI

RANK_REASON The item is a commentary on government policy and market concerns, not a direct release or significant industry event.

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Hong Kong development chief reassures market on Northern Metropolis office supply

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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Matthew Cheng ·

    Development chief dismisses fears Northern Metropolis supply will hit office sector

    Hong Kong’s development chief has dismissed concerns that commercial floor space in the Northern Metropolis megaproject will further depress the city’s struggling office market, stressing that incoming supply is primarily for the innovation and technology (I&amp;T) sector. Secret…