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Office rental

Office rental
The latest news, analysis and opinion on Office rental. In-depth analysis, industry insights and expert opinion.
No 76 Percival Street in Causeway Bay. Photo: Antony Dickson
Hong Kong property

New World pulls back on Causeway Bay acquisition amid uneven recovery

Developer steps back from consolidating three commercial sites as high costs and patchy demand weigh on redevelopment decisions.

China property

Mainland China, Hong Kong premium office supply to peak as demand lags: Cushman

Hong Kong property

Office vacancy rate in Hong Kong’s Central drops to single digits after 2 years

Hong Kong property

JPMorgan signs up as anchor tenant for SHKP’s West Kowloon office development

The US investment bank is leasing 250,000 sq ft in Artist Square Towers, which will house its Kowloon operations from late 2028.

Construction continues on the Lyric Theatre Complex and the Artist Square Towers in the West Kowloon Cultural District as of February 13, 2026. Photo: Jelly Tse
Hong Kong property

Hong Kong developers Swire, Wharf report profit growth amid valuation pressure

Swire’s underlying profit rose on asset disposals, while falling property valuations weighed on results at both Swire and Wharf.

International Property

Singapore offices cost the most to outfit, Asia-Pacific survey says

Fit-out costs in the city average more than US$2,000 per square metre, topping Tokyo, with Hong Kong in eighth, Knight Frank report says.

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Hong Kong property

Hong Kong’s small landlords turn to co-working, student hostels to survive

With record office supply and tenants flocking to premium towers, landlords convert assets to co-working and student digs to survive.

Some 3.5 million sq ft of new premium office space is expected to be completed this year and next in Hong Kong. Photo: Nora Tam
Hong Kong property

Hong Kong banks’ collateral asset valuations to continue declining in 2026: S&P

The city’s commercial property market remains on a sustained downturn, as rents continue to fall and vacancy rates soar.

Hong Kong property

SHKP, Hong Kong’s bellwether developer, posts 36% jump in first-half net profit

The company plans to launch many new residential projects over the next 10 months, including the second phase of Cullinan Harbour in Kai Tak.

China property

Empty shops, falling rents: commercial property suffers in China retail slump

China’s key shopping street rents have fallen to 2018 levels as cautious consumers cut spending and landlords lower prices to fill vacancies.

Retail therapy: Chinese consumers have been spending more cautiously and saving more amid uncertain job prospects. Photo: Xinhua
Hong Kong economy

Editorial | Steady recovery in Hong Kong’s property market a vote of confidence

Landmark deals in Central show foreign financial institutions see potential in the city’s and China’s economy.

A tram moves past office buildings in Hong Kong’s Central district on January 26. Photo: Jelly Tse
Hong Kong property

How Hong Kong’s headquarters economy fuels rebound in commercial property

The headquarters economy is powering office and retail recovery, with rising demand, stabilising rents and renewed investor confidence.

Hong Kong property

How 2 landmark Central deals boost sentiment in Hong Kong’s office market

JLL’s Alex Barnes and his team closed decade-high single-tenant leases – deals that took on wider significance as rental declines slowed.

Hong Kong property

Hong Kong property back as a top choice for foreign investors, study says

Commercial sector rebounds after missing top 10 a year ago, CBRE says, as Knight Frank research shows recovery in luxury residential deals.

A view of Central district in Hong Kong on January 26, 2026. Photo: Jelly Tse
Hong Kong property

Hong Kong logs US$37 million Admiralty office deal amid market recovery hopes

The sale follows a series of sizeable office transactions and a pickup in leasing, as investors reassess opportunities in Hong Kong.

Admiralty Centre: property agents point to improving sentiment in the commercial segment. Photo: Handout
Hong Kong property

Fancl distributor couple buys Lippo Centre office, shop in US$38.3 million deal

Purchase by the Japanese skincare brand’s distributor marks a 60 per cent cut from 2017 price as cash-rich local investors hunt for bargains.

China property

Hotel conversions gain traction in China’s office market amid high vacancies

In Hangzhou, one office building now houses around 10 hotels, alongside restaurants, photography studios and second-hand luxury stores.

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Hong Kong property

Hong Kong’s latest office landmark nearly full as segment upturn simmers

The Henderson has reached 90 per cent occupancy, as ‘the rental downcycle is nearing its end’, analyst says.

The Henderson (centre) houses tenants including Christie’s and Point72. Photo: Yik Yeung-man
Hong Kong property

Hong Kong commercial property set for 10% rise in 2026, Colliers says

‘Measured recovery’ is in progress as mainland investment hits a half-decade high, consultancy says.

Hong Kong property

Financial firm Ares doubles Hong Kong office footprint as outlook improves

Rents for prime offices in Central could rise up to 5 per cent, according to JLL, while Knight Frank expects a gain of as much as 8 per cent.

Hong Kong property

Morgan Stanley lifts Hong Kong property to ‘attractive’ as stars align

City’s home prices are expected to rise around 10 per cent in 2026, with an ongoing rebound heralding the start of a new upcycle.

Hong Kong’s property sector is at the beginning of an upcycle, with prices likely to trend higher this year, according to Morgan Stanley. Photo: Dickson Lee
Hong Kong property

Hong Kong office leasing rebound lifts outlook for 2026, but rents still subdued

Hong Kong’s office sector showed muted signs of life in 2025, although stabilisation will be the dominant theme of 2026.

One Causeway Bay at Causeway Bay. Alibaba Group Holding and Ant Group agreed to pay US$925 million to buy the top floors in October. Photo: Jonathan Wong
Hong Kong property

CityU joins ranks of schools snapping up Hong Kong offices

University buys four-storey office block in Kowloon Tong for US$252 million from Singapore-based Mapletree.

Hong Kong property

Hong Kong, Singapore embrace flex offices as multinationals reshape demand

Flex operators deliver creditworthy tenants – a departure from the sector’s early reliance on start-ups and small firms: analysts.

International Property

Hongkong Land poised to launch US$6 billion Singapore property fund

The real estate fund, including stakes in One Raffles Quay and Marina Bay Financial Centre, will be Singapore’s largest, company says.

People walk across the Jubilee Bridge at the Marina Bay waterfront in Singapore on November 21, 2025. Photo: AFP
Hong Kong property

Hong Kong’s Hang Seng University joins property rush with US$11.6 million deal

Acquisition of office units in Sha Tin’s Metropole Square follows Metropolitan University’s US$334 million purchase of Hung Hom property.

Hang Seng University is the latest school to purchase property amid a government push to turn the city into a global education hub. Photo: Jelly Tse
Hong Kong property

Hongkong Land’s leasing deal with major law firm a sign of ‘flight to quality’

Harneys’ new lease is a sign of firmer demand in prime locations after years of pressure, although citywide rents remain subdued.

Hong Kong property

HSBC to occupy over 40,000 sq ft at Hong Kong’s Capitol Centre in 2026

Current tenant Chanel’s three-year lease for the prime retail space in Causeway Bay expires on May 15 next year.

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