Hong Kong universities snap up office and retail sites amid classroom crunch

At least six universities in Hong Kong have moved into office buildings or shopping centres over the past three years as classroom space has tightened amid rising non-local enrolment, according to the latest data. Among them is the Hong Kong University of Science and Technology (HKUST), which spent HK$345.4 million (US$44 million) in 2025 to acquire a 31,410 sq ft campus in Admiralty for its business school teaching centre. The university unveiled the centre on Tuesday on the fourth floor of...