# Hong Kong Grade A office vacancy rate falls to 16.1% in Q2

- **Source:** Real Estate Asia
- **Published:** 2026-08-03T23:34:14.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-office/news/hong-kong-grade-office-vacancy-rate-falls-161-in-q2
- **Topics:** Commercial & Industrial, Regional Markets

## Featured rationale

Core-district absorption signals a geographically uneven recovery that could support 5%-8% Central and Admiralty rental growth despite 1.2 million sq. ft. of incoming supply.

## AI summary

Hong Kong Grade A office net take-up reached 864,000 sq. ft. in Q2 2026, reducing the overall vacancy rate to 16.1%.

## Original article

Net take-up hit 864,000 sq ft during the quarter.

Hong Kong's Grade A office market gathered pace in the second quarter of 2026, with strong leasing activity reducing vacancy and prompting Colliers to upgrade its rental growth forecast for the Central and Admiralty office market.

According to Colliers, net take-up reached 864,000 sq. ft. during Q2, lowering the overall Grade A office vacancy rate by one percentage point to 16.1%. Central and Admiralty continued to lead the recovery, recording 182,000 sq. ft. of net absorption and marking a fourth consecutive quarter of positive leasing activity. Vacancy in the CBD fell to 10.2%, down 4.3 percentage points from a year earlier.

Rental performance remained mixed across the market. Colliers said rents in Central and Admiralty rose 1.9% quarter-on-quarter and 5.5% year-to-date, while decentralised office districts continued to weaken, with Kowloon East rents declining 2.9% over the quarter.

Fiona Ngan, Head of Occupier Services at Colliers Hong Kong, said demand in core office districts would continue to underpin the broader market through the remainder of 2026, despite around 1.2 million sq. ft. of new office supply scheduled for completion in the second half of the year.

Colliers has upgraded its forecast for Central and Admiralty office rents to increase by between 5% and 8% this year, while maintaining its expectation that rents in Kowloon East will decline by more than 5% in 2026.

## Chinese translation

> Translation model: grok_cli

### 香港甲级写字楼空置率在第二季度降至16.1%

香港甲级写字楼市场在2026年第二季度加快步伐，强劲租赁活动压低空置，促使高力国际上调其对

该季度净吸纳量达86.4万平方英尺。

香港甲级写字楼市场在2026年第二季度加快步伐，强劲租赁活动压低空置，促使高力国际（Colliers）上调其对中环及金钟写字楼市场的租金增长预测。

据高力国际称，第二季度净吸纳量达86.4万平方英尺，将整体甲级写字楼空置率下调1个百分点至16.1%。中环及金钟继续领跑复苏，录得18.2万平方英尺净吸纳，并连续第四个季度录得正向租赁活动。中央商务区（CBD）空置率降至10.2%，较一年前下降4.3个百分点。

租金表现在市场各处仍参差不齐。高力国际表示，中环及金钟租金环比上涨1.9%，年初至今上涨5.5%；而分散化办公区继续走弱，九龙东租金在该季度下跌2.9%。

高力国际香港企业服务主管颜凤仪（Fiona Ngan）表示，尽管下半年约有120万平方英尺新写字楼供应计划竣工，核心办公区的需求仍将在2026年余下时间支撑更广泛市场。

高力国际已上调预测，预计中环及金钟写字楼租金今年将上涨5%至8%，同时维持九龙东租金在2026年将下跌逾5%的预期。