# Hong Kong investment sales more than double in strong capital markets rebound

- **Source:** Real Estate Asia
- **Published:** 2026-06-30T00:49:35.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-other/news/hong-kong-investment-sales-more-double-in-strong-capital-markets-rebound
- **Topics:** Private Residential, Commercial & Industrial, Transactions & Deals

## Featured rationale

Discounted and distressed opportunities, stabilising prime office prices and end-user demand signal recovering investor confidence, potentially supporting broader capital-markets activity during 2026.

## AI summary

Hong Kong properties valued at HK$100 million or above generated HK$29.54 billion across 59 deals in January-May 2026, both up 111% year-on-year.

## Original article

Investments totalled nearly HK$30 billion between January and May.

Hong Kong's capital markets recorded a sharp rebound in the first five months of 2026, with investment sales more than doubling year-on-year, according to Knight Frank.

The agency said properties valued at HK$100 million or above generated HK$29.54 billion in transactions across 59 deals between January and May, representing a 111% increase in both transaction value and deal volume compared with a year earlier.

Russell Lam, Executive Director, Capital Markets at Knight Frank, said the recovery was driven by an increasing supply of discounted and distressed assets, together with financially motivated sales.

Office properties accounted for 62.5% of total transaction value, supported by end-user demand and stabilising prices that have improved investor confidence in prime assets. The living sector, including residential, residential sites, hotels and serviced apartments, represented 32% of transactions, while retail accounted for just 4.9%.

Looking ahead, Knight Frank expects capital markets activity to strengthen further during 2026, led by residential assets. Retail investment is expected to remain subdued, while logistics continues to face pressure from elevated vacancies and new supply. The agency also expects the office recovery to broaden beyond large owner-occupier acquisitions to include renewed investor interest in strata-titled units within prime buildings.

## Chinese translation

> Translation model: grok

### 香港投资物业成交额翻倍有余，资本市场强劲反弹

莱坊指出，2026年前五个月香港资本市场明显回暖，投资物业成交额同比翻倍有余

1月至5月投资成交总额近300亿港元。

莱坊（Knight Frank）指出，2026年前五个月香港资本市场明显回暖，投资物业成交额同比翻倍有余。

该行称，1月至5月期间，成交价达1亿港元或以上的物业共录得59宗交易，成交总额295.4亿港元，成交额与成交宗数均较去年同期增长111%。

莱坊资本市场执行董事林兆荣（Russell Lam）表示，复苏主要受折价及受压资产供应增加，以及财务动机驱动的出售所推动。

写字楼占成交总额的62.5%，受终端用户需求及价格趋稳支撑，提升了投资者对优质资产的信心。包括住宅、住宅地皮、酒店及服务式公寓在内的生活类物业占成交的32%，零售仅占4.9%。

展望未来，莱坊预计2026年资本市场活动将进一步增强，并以住宅资产为主导。零售投资预计仍将偏弱，物流则继续受空置率高企及新增供应压力。该行亦预期写字楼复苏将从大型业主自用收购，扩展至投资者对优质大厦分层单位的重新关注。