Grade A office

Grade A office rent drops 1.0%, vacancy up 16.6% in Q2

Grade A office vacancy has reached a record high of 13.8 million sq ft.

Grade A office rent drops 1.0%, vacancy up 16.6% in Q2

Grade A office vacancy has reached a record high of 13.8 million sq ft.

Insurance companies drive leasing demand in HK 

An insurance firm recently leased 53,600 sq ft at AIRSIDE in Kai Tak.

Grade A office market logs net absorption of 397,700 sq ft in 4Q23

All submarkets returned to positive territory except for Greater Central.

Grade A office vacancy rises to 12.9% in 2023

The subdued demand led to a 5.3% decrease in overall rents.   Demand for Grade A offices remained subdued, leading to a 5.3% decrease in overall rents by the end of November. 

Grade-A office vacancy rate rises to 12.3% in February

The increase was partly due to the completion of S22 in Wong Chuk Hang.

Grade A office vacancy climbs to 9.6% in July

JLL said it's the traditional low season for the office leasing market.

Overall vacancy rate for Grade A office up slightly 9.4% in June

Vacancy rate in Central rose from 7.6% to 7.9%. 

Leasing demand for Grade A office down 23% in Q2

Limited inspection activity caused the decline in leasing demand.

Grade A office market’s net absorption hits 129,000 in May

It is the eighth consecutive month that the office market had positive take-up.

Grade A office vacancy rate remains flat at 9.4% in April

The unchanged rate was on the back of the completion of the new supply.

Grade A office rents vacancy rates down 0.2% to 9.4% for January

This continues a four-month streak of positive net absorption. 

SG, HK office rental premium gap down to 108%: Cushman & Wakefield

This is coming from a 135% gap in 2015 and a peak of 173% in 2017.

Which real estate sectors will benefit most from HK’s recovery?

CBRE reported office and retail sectors are likely to be the biggest gainers.

Grade A office market sees positive net absorption in May

This is the first time since July 2019, JLL said.