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Office rental
The latest news, analysis and opinion on Office rental. In-depth analysis, industry insights and expert opinion.
Festival Walk’s low-rise office building offers about 214,000 sq ft of space. Photo: Handout
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

International Property

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

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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Hong Kong property

Hong Kong’s prime office market poised for better year ahead, analysts say

The supply of new grade A office space in 2026 and 2027 is likely to be less than new prime office space completed in the last two years.

Office buildings tower over a pedestrian bridge in Hong Kong’s financial district of Central on June 11, 2020. Photo: Dickson Lee
Hong Kong economy

Opinion | Why this is not just another retail downturn for Hong Kong

When even Link Reit, the city’s largest retail landlord, is cutting dividends, the downturn looks less like a dip than a shift.

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Hong Kong property

‘Out of ICU’: Hong Kong’s quarterly real estate deals triple to US$4.9 billion

Hong Kong was the second-best performing commercial real estate market in Asia-Pacific after Malaysia in the three months to September: MSCI.

Hong Kong property

Hong Kong’s Central prime office rents are up for the first time in over 3 years

Prime office rents in the city’s Central business district inch up on the back of an overall improvement in vacancy rates.

Prime office rents in Central rose modestly in November. Photo: Jelly Tse
Hong Kong property

Hong Kong and Singapore prime office rents set to equalise by 2027: CBRE

The projected increase in Singapore’s office rents could influence how companies allocate manpower between the two cities.

Prime office rents in Hong Kong and Singapore are set to reach parity within two years. Photo: Sun Yeung
Hong Kong property

Henderson’s Central Yards, with sky garden and Broadway theatre, to open in 2027

The Hong Kong-listed developer’s 1.6 million sq ft sustainable mixed-use project will provide more than 700,000 sq ft of office and ancillary space.

China property

Shanghai premium office market picks up amid discounted rents

Occupancy rates improve, but the trend is not sustainable given an uncertain economic outlook, brokers say.

Hong Kong property

Returning expats fuel Hong Kong’s luxury rental rebound, Savills says

High-end residential rents set to climb 3 to 5 per cent next year amid strengthened appeal of business and education sectors: consultancy.

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A view of 42A Plantation Road on The Peak, which rented for HK$1 million per month this year. Photo: Handout
Hong Kong property

Credit Agricole renews Pacific Place lease, reaffirming commitment to Hong Kong

French banking giant, a long-time Swire Properties tenant, adds to wave of European firms boosting their presence in Hong Kong.

The commitments from foreign firms are helping lift sentiment in Hong Kong’s office market. Photo: Handout
Hong Kong property

European private equity firm Ardian eyes fresh growth at new Hong Kong office

Ardian’s expansion in Hong Kong reflects robust growth in the city’s private banking and wealth management sectors.

Hong Kong property

Hong Kong developer NWD seals record deal for global firm Aecom’s Asia headquarters

Multinational firms, including Ralph Lauren and Lush, drive up occupancy rate of NWD’s grade A office building in Cheung Sha Wan.

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Hong Kong property

Cash-rich education institutions reshaping Hong Kong’s prime office market

Although education is not likely to surpass traditional players in the office market, it is likely to be more active than other sectors.

Compared with banking and finance, which occupies 27 per cent of prime office space in Hong Kong, education, healthcare and the medical sector combined accounted for only 4 per cent. Photo: Eugene Lee
International Property

Is it time for property investors to end their love affair with Japan?

Under new leadership, Japan is likely to delay tightening its monetary policy, which presents both opportunities and challenges, CBRE says.

Hong Kong property

Alibaba, Ant buy Hong Kong offices, in city’s biggest deal since 2021

Alibaba and Ant bought 301,555 square feet of space in the top 13 floors of the 24-storey building, with parking space for 50 vehicles and signage rights.

China property

Exclusive | Lululemon moves to Hongkong Land project in Shanghai, bucking property downtrend

Move to West Bund underlines athletic apparel retailer’s ‘continued investment in mainland China and commitment to developing local talent’.

Lululemon will officially open its China store support centre on October 27. Photo: Peggy Sito
Hong Kong property

Hong Kong’s largest flex-office provider opens new workspace facility in Central

The grade A office market recorded a net absorption of 401,000 sq ft in the third quarter, the highest since the second quarter of 2019.

International Workplace Group expects to add one more workspace centre in Hong Kong before the end of this year. Photo: IWG
Hong Kong property

Hong Kong schools turn to property investment as city eyes education hub status

The demand and interest coming from the education segment is bringing some relief to Hong Kong’s struggling commercial real estate sector.

Hong Kong property

Hong Kong’s office market picks up amid IPO boom, demand from Chinese law firms

Office-leasing activity in August grew for a fifth straight month, with tenants absorbing 313,800 sq ft of net space, according to JLL.

Hong Kong property

Schroders hit by Hong Kong property slump as banks seize assets

Bank of Communications is weighing options for a loan extended to Schroders for a commercial space at Harbourfront Landmark in Hung Hom.

Schroders owns three floors of commercial space at Harbourfront Landmark in Hung Hom district. Photo: Google
Hong Kong property

Analysts mixed on outlook for Sun Hung Kai Properties’ shares

Sun Hung Kai Properties says net profit for the recently concluded financial year rises 1.2 per cent from a year earlier.

A Sun Hung Kai project in Sai Kung. Photo: Elson Li
Hong Kong property

FWD expands office at Swire’s Taikoo Place to become largest tenant

The Devon House building will be renamed FWD Tower next year and become the insurer’s Hong Kong headquarters.

Hong Kong property

Hong Kong’s office leasing market picks up pace for fourth straight month

Tenants leased a net 190,000 sq ft of prime office space last month, while rents fell 0.5 per cent month on month, according to JLL.

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