智通财经APP获悉，11月24日，仲量联行发表的《香港地产市场观察》报告中指出，11月中环甲级写字 楼租金环比微升0.1%，为自2022年5月以来首次录得环比增长。区内优质甲级写字楼的空置率获得改 善，支持业主在租金磋商中处于有利位置。 仲量联行香港、澳门及台湾董事总经理鲍雅历(Alex Barnes)表示：由于不少租客趁租金已较以往显著回 落，希望提升办公室质素，以及扩充，导致中环优质商厦的出租率于今年显著上升。此趋势令中环甲级 写字楼租金得以企稳，并带动上月轻微上升。 甲级写字楼市场10月录得29.33万平方呎的正净吸纳量，主要由于租户在有利的市场环境下积极进行整 合及升级活动。整体写字楼租金环比大致持平，但各分区市场呈现分化走势。 市场录得的主要成交包括米高集团由铜锣湾中粮大厦迁入中环长江中心二期，涉及建筑面积约10,201 平 方呎，以作扩充。同时，截至10 月底，整体空置率继续缓步下降，降至13.1%。 仲量联行研究部资深董事钟楚如表示：湾仔/铜锣湾及尖沙咀的空置率显著改善，分别下跌至10.5%及 7.5%。中环的空置率则微升0.5 个百分点至11.5%，主要由于部分租户在区内搬迁后释出的楼面空间暂 ...

Core Insights - The report by CBRE indicates an improvement in leasing activity for Grade A office spaces in Hong Kong during Q3, with a quarterly increase of 25% to 1.3 million square feet [1] - Year-to-date leasing volume reached 3.2 million square feet, reflecting a year-on-year decrease of 12% [1] - The net absorption of Grade A office space in Hong Kong reached 691,800 square feet, the highest since Q3 2018 [1] - The overall vacancy rate for Grade A offices decreased by 0.3 percentage points to 17.1%, marking the largest quarterly decline since Q3 2018 [1] - Overall rental rates for Grade A offices fell by 0.7% quarter-on-quarter, with a year-to-date decline of 34% [1] Retail Market Insights - In Q3, retail leasing activity increased due to a faster growth in retail sales value, with leasing volume rising compared to the previous quarter [1] - The number of tourists in July and August saw a strong year-on-year increase of 13.9%, contributing to a 2.8% year-on-year growth in total retail sales for the two months, the fastest increase since Q4 2023 [1] - Most retail leasing activities occurred in non-prime streets, with the vacancy rate rising by 0.9 percentage points to 8%, while the vacancy rate in Central slightly decreased [1] - Rental rates for retail spaces saw a slight quarterly increase of 0.5%, bringing the year-to-date increase to 2.4% [1]

Core Insights - The report by JLL indicates that Hong Kong's Grade A office leasing market recorded a positive net absorption of 314,000 square feet in August, driven by an active IPO market and growing demand for wealth management services [1] - The overall vacancy rate for office spaces slightly increased to 13.5% by the end of August, primarily due to new supply at One Island East in Causeway Bay, although strong net absorption mitigated this effect [1] - The vacancy rates in Central improved to 11.2% and Tsim Sha Tsui decreased to 7.6%, while the vacancy rate in Wan Chai/Causeway Bay rose from 9.6% to 12.2% [1] Market Demand - Demand for leasing from financial institutions and professional service companies is on the rise, largely fueled by the active IPO market and increasing wealth management needs [1] - Tenants focusing on high-net-worth clients prefer premium office spaces located in core areas, which further supports the leasing performance of landmark office buildings [1] Rental Trends - The recovery in the office leasing market is contributing to a gradual stabilization of rental prices, with a slight month-on-month decline of 0.2% in August, marking the smallest drop this year [1] - In terms of sub-market performance, Eastern Hong Kong Island saw a decrease of 0.6%, followed by Kowloon East with a decline of 0.3%, while Central experienced a minor drop of 0.1% [1]

Core Insights - The report from Knight Frank indicates that the Beijing Grade A office market showed signs of recovery in Q2 2025, with a net absorption of 12,960 square meters, reversing the negative absorption trend from the previous quarter [1][2] - The average vacancy rate in Beijing's Grade A office market decreased slightly to 18.4%, a 0.2 percentage point drop from the previous quarter, stabilizing at the same level as Q4 2024 [2][5] - Average rental prices for Grade A offices fell by 1.6% to RMB 233.1 per square meter per month, with the decline rate narrowing compared to previous quarters [1][5] Market Supply and Demand - There was limited new supply in the first half of the year, with only one new project completed, and no new projects expected to be delivered in the second half of 2025 [2][7] - The high-tech sector dominated leasing transactions, accounting for 34% of the total leased area, with significant contributions from companies like ByteDance [5][6] - Financial and professional services sectors followed, contributing 22% and 16% respectively to the leasing area [5] Rental Trends - The highest rental rates were recorded in the Financial Street area, which saw a 6.1% decrease to RMB 389.2 per square meter per month [6] - The Central Business District (CBD) experienced a rental decline of 2.8% to RMB 255.4 per square meter per month, with a vacancy rate of 15.1% [6] - The Wanjing-Jiuxianqiao area saw a rental rate of RMB 161.2 per square meter per month, reflecting a 0.9% decrease [6] Future Outlook - Knight Frank anticipates a peak in supply in 2026, with an expected 757,000 square meters of new office space, including significant projects in the CBD [7] - The report suggests that market conditions will increasingly favor tenants, with a focus on flexible lease terms and enhanced service offerings from landlords [7]