# Hong Kong Grade A office take-up hits 2.1m sq ft in H1 2026

- **Source:** Real Estate Asia
- **Published:** 2026-07-15T00:00:00.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-office/news/hong-kong-grade-office-take-hits-21m-sq-ft-in-h1-2026
- **Topics:** Commercial & Industrial, Government & Policy, Regional Markets

## Featured rationale

Positive absorption and limited new supply signal strengthening occupier demand, which may support further rental recovery, particularly in Central and connected West Kowloon.

## AI summary

Hong Kong Grade A office take-up reached 2.1 million sq ft in H1 2026, as vacancy fell to 16.2% and rents rose 3.5% year-to-date.

## Original article

Central led activity with 100 leasing deals during the first half.

Hong Kong's Grade A office market strengthened further in the first half of 2026, with leasing momentum accelerating, vacancy falling and rents returning to growth, according to CBRE.

Leasing volume rose 23% quarter-on-quarter (q-o-q) to 1.1 million sq ft in Q2, bringing H1 take-up to 2.1 million sq ft, or 48% of the full-year total recorded in 2025. Central led activity with 100 leasing deals in H1, marking its strongest first-half performance since 2019.

CBRE said citywide net absorption reached 569,600 sq ft in Q2, lifting H1 net absorption to 945,000 sq ft, a sharp turnaround from negative 88,000 sq ft in the same period last year. Greater Tsim Sha Tsui recorded the strongest quarterly absorption at 163,500 sq ft, followed by Central with 104,300 sq ft and Hong Kong East with 104,400 sq ft, driven by demand from insurance occupiers.

The combination of positive absorption and limited new supply pushed the overall vacancy rate down by 0.6 percentage points to 16.2%, marking a second consecutive quarterly decline. According to CBRE, overall rents increased 2.0% q-o-q and 3.5% year-to-date, reversing the declines seen in the second half of 2025. Central outperformed, with rents rising 10.7% year-to-date, while Greater Tsim Sha Tsui recorded its fourth straight quarter of rental growth.

CBRE said occupier demand remained strongest among financial services, insurance and professional services firms, with growing interest in West Kowloon as a business hub linked to the Greater Bay Area via the High-Speed Rail network.

## Chinese translation

> Translation model: grok

### 香港甲级写字楼2026上半年吸纳量达210万平方英尺

香港甲级写字楼市场在2026年上半年进一步走强，租赁动能加速、空置率下降，租金重拾升势。

中环上半年以100宗租赁交易领跑。

据世邦魏理仕（CBRE），香港甲级写字楼市场在2026年上半年进一步走强，租赁动能加速、空置率下降，租金重拾升势。

第二季租赁成交量按季上升23%至110万平方英尺，上半年吸纳量达210万平方英尺，相当于2025年全年总量的48%。中环上半年录得100宗租赁交易，为2019年以来最强的上半年表现。

CBRE表示，全市净吸纳量第二季达569,600平方英尺，上半年净吸纳量升至945,000平方英尺，较去年同期负88,000平方英尺显著扭转。大尖沙咀录得最强季度吸纳量163,500平方英尺，其次为中环104,300平方英尺及港岛东104,400平方英尺，后者受保险租户需求推动。

净吸纳转为正值且新增供应有限，推动整体空置率下降0.6个百分点至16.2%，连续第二季回落。据CBRE，整体租金按季上升2.0%、年初至今上升3.5%，扭转2025年下半年的跌势。中环表现领先，租金年初至今升10.7%；大尖沙咀则连续第四季录得租金增长。

CBRE称，租户需求仍以金融服务、保险及专业服务公司最为强劲，并日益关注西九龙作为经高铁网络连接大湾区的商业枢纽。