# Central office vacancy falls below 10% as Hong Kong CBD recovery accelerates

- **Source:** Real Estate Asia
- **Published:** 2026-10-11T23:30:00.000Z
- **Author:** Not listed by source
- **Original:** https://realestateasia.com/commercial-office/news/central-office-vacancy-falls-below-10-hong-kong-cbd-recovery-accelerates
- **Topics:** Commercial & Industrial, Government & Policy, Investment & Capital Markets

## Featured rationale

The tightening vacancy and rent growth signal demand concentrating in premium CBD buildings, potentially prompting earlier occupier decisions and greater landlord investment in upgrades.

## AI summary

Central’s office vacancy fell from 15.1% in December 2024 to 9.9% in August 2026, while rents rose 8.7% year to date.

## Original article

Net office take-up in Central hit over 500,000sq ft in the first eight months of 2026.

Hong Kong's Central business district is recovering ahead of the wider office market, supported by stronger capital markets activity, financial services expansion and rising demand for premium buildings, according to Colliers.

In a recent report, Colliers said Central recorded about 612,000 sq ft of net office take-up during 2024 and 2025, followed by more than 500,000 sq ft in the first eight months of 2026.

The district's vacancy rate fell from 15.1% in December 2024 to 9.9% in August 2026, compared with 15.8% across Hong Kong's Grade A office market, Colliers said. Central rents rose 8.7% year to date, while Grade A1 rents increased 15.4%, significantly ahead of the territory-wide market's 0.3% growth.

Demand for prime buildings has also strengthened. One and Two International Finance Centre have been effectively fully occupied since June, while The Henderson passed 90% occupancy in August.

Colliers said the recovery is being supported by capital market activity, government policies and public and private investment. Alex Lam, head of Hong Kong Island, Office Services at Colliers Hong Kong, said the Hong Kong Exchanges and Clearing's decision to establish a permanent headquarters at One Exchange Square represented a long-term vote of confidence in Central and Hong Kong as an international financial centre.

Fiona Ngan, head of Occupier Services at Colliers Hong Kong, said premium office supply is tightening and occupiers should assess renewal, expansion and relocation options early. She also said landlords will need to invest in building upgrades, amenities and occupier experience as demand shifts towards higher-quality space.

Colliers recommended that future commercial land sales continue to prioritise Central, Admiralty and the New Central Harbourfront to support Hong Kong's long-term competitiveness as a financial centre.

## Chinese translation

> Translation model: grok_cli

### 中环写字楼空置率降至10%以下，香港中心商务区复苏加快

香港中环商务区复苏领先于整体写字楼市场，受资本市场活动走强、金融服务扩

中环写字楼净吸纳量在2026年前八个月突破500,000平方英尺。

据高力国际称，香港中环商务区复苏领先于整体写字楼市场，受资本市场活动走强、金融服务扩张以及对优质楼宇需求上升支撑。

高力国际在近期报告中表示，中环在2024年和2025年录得约612,000平方英尺的写字楼净吸纳量，随后在2026年前八个月再录得逾500,000平方英尺。

高力国际称，该区空置率从2024年12月的15.1%降至2026年8月的9.9%，而全港甲级写字楼市场空置率为15.8%。中环租金年初至今上涨8.7%，A1级租金上涨15.4%，显著领先于全港市场0.3%的涨幅。

对优质楼宇的需求也有所增强。国际金融中心一期及二期自6月起已基本满租，而The Henderson的出租率在8月超过90%。

高力国际表示，此次复苏得到资本市场活动、政府政策以及公共和私人投资的支撑。高力国际香港港岛区写字楼服务主管Alex Lam表示，香港交易及结算所决定在交易广场一期设立永久总部，是对中环及香港作为国际金融中心投下的长期信心票。

高力国际香港企业租户服务主管Fiona Ngan表示，优质写字楼供应正在收紧，租户应尽早评估续租、扩租和搬迁选项。她还表示，随着需求转向更高品质空间，业主需要投资于楼宇升级、配套设施和租户体验。

高力国际建议，未来商业用地出售应继续优先考虑中环、金钟和新中环海滨，以支撑香港作为金融中心的长期竞争力。