Group 1: Office Market Outlook - The report by CBRE anticipates an improvement in market sentiment for Hong Kong's commercial real estate by 2026, with growth expected in core retail and office sectors as financing costs decrease, enhancing investor interest [1] - Office leasing momentum is expected to strengthen, driven by the continuation of Hong Kong's financial market dynamics into the new year, leading tenants to pursue "quality" relocation strategies [1] - Despite facing significant supply pressure in recent years, the office market has shown resilience, with leasing activity stabilizing since mid-last year, particularly due to strong demand from non-bank financial institutions and global investment firms [1] Group 2: Retail Market Outlook - The retail leasing market in Hong Kong remained active last year, primarily driven by a rebound in tourism and strong demand in the dining sector [2] - Core street shops and major shopping malls experienced active leasing, while neighborhood retail faced challenges from e-commerce and consumer downgrading [2] - For 2026, an increase in leasing speed is expected due to numerous leases signed in 2023 nearing expiration, with experiential concepts and collaboration between landlords and tenants being key to attracting local and tourist spending [2]
世邦魏理仕料今年香港办公室空置率续升至近18%