Hong Kong tops APAC real estate investments in Q2

Its growth rate dwarfed the APAC average of 38% YoY.

Hong Kong recorded $24.32b (USD3.1b) in real estate investment volumes in the second quarter (Q2) of 2026, up 129% year-on-year (YoY) — the sharpest growth rate of any major Asia Pacific market.

According to a JLL report, Hong Kong's Q2 growth rate dwarfed the APAC average of 38% YoY.

Only Singapore (108%) and Australia (82%) came close amongst major markets; South Korea (-5%) and China (-6%) both contracted.

The office sector was the main engine, powered by receivership sales of 299 Queen's Road Central and One Bedford Place. JLL noted that positive leasing momentum is expected to help revitalise the broader office market going forward.

Moreover, retail price corrections have largely paused, keeping deal volumes stable.

On the logistics side, activity remained limited, a contrast to markets like Australia and Singapore where industrial and logistics assets drew heavier capital.

($1=USD0.12)