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Hong Kong Office Leasing – Q3 2026

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Contacts & Related Research

 

Financial-Sector Expansion Drives Central’s Office Rental Recovery

  • Next-Wave Fund Expansion
    Hedge and quant funds completed 28 deals totalling over 149,000 sq ft in 2026, lifting Central rents 6.1% QoQ and lowering vacancy to 7.7%.

  • Demand Spreading Beyond Prime Central
    With prime buildings nearing full occupancy, demand is extending into wider Central and other core districts, benefiting buildings with remaining vacancy.

  • Policy-Backed Leasing Demand
    The First Five-Year Plan’s “Finance+” and commodity trading priorities will support demand from financial, trading and professional firms through 2030.

  • IPO and Talent Inflows Driving Expansion
    Record IPO proceeds of HK$387.9 billion and high-income talent inflows are generating demand from professional services, family offices and education providers.

Demand now extends beyond Prime Central: alongside the first movers, a next wave of fund managers is expanding, driving Central vacancy lower and underpinning a broader rental recovery across the district.

Jack Tong, Director of Savills Research & Consultancy
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