Colliers Quarterly Market Report | Q2 2026

Colliers International (Hong Kong) is a corporate member of DutchCham. They’ve kindly shared a report with us to highlight some key insights into Hong Kong’s commercial property market in Q2 2026. 

Hong Kong’s commercial property market continued to demonstrate resilience in Q2 2026 despite a mixed macroeconomic backdrop. Improving business confidence, a rebound in tourism and sustained trade activity helped support leasing demand across several sectors, while investment activity remained relatively stable and selective, with investors and occupiers continued to focus on quality assets, defensive sectors and long-term value opportunities.
Office

• Central and Admiralty continued to lead recovery, recording four consecutive quarters of positive leasing activity.
• Occupiers remained focused on high-quality assets in core business districts, driving a flight-to-quality trend.
• Rental performance remained polarised, with core districts outperforming decentralised locations.

Retail

• Tourist-oriented retailers continued to expand, particularly in prime shopping districts.
• Leasing demand remained selective, while limited availability of prime street-front space supported rental growth.

Industrial

• Landlords offered incentives to maintain occupancy, keeping rental growth under pressure.
• Long-term demand drivers include specialised logistics, high-security storage and AI-related supply chains.

Investment

• Office properties continued to dominate investment activity, supported by a major residential block transaction.
• Investors remained focused on value-add opportunities, including mortgagee sales, distressed assets and repriced properties.
• Education and living-sector assets emerged as key investment themes due to their stable income profile and long-term demand drivers.
   

Download our Report for more insights: Link