The commercial and residential real estate sectors in Hong Kong are facing unprecedented challenges, as the city’s biggest property agencies are seeking large-scale rent relief, property values and occupancy rates at prime office locations are plunging and prestigious retailers are permanently closing their doors. As leasing activity continues to decrease and property investors have begun looking overseas for better opportunities, a new trend is developing in which tenants are having more of a say in their leasing terms. How does this trend impact the real estate industry at large? What are the latest trends in property value and occupancy in Hong Kong? What do these trends mean for investors - particularly foreign buyers - and what do they mean for the city’s landlords? Are financial relief measures and stimulus packages enough to keep the real estate industry from an even more drastic downturn than we have already seen?