Colliers Report | Which sectors are leading Hong Kong's recovery?

Central is gaining momentum as vacancy falls and rents recover, creating a more active market for occupiers, landlords and investors. Colliers’ latest report, Revisiting Central: Why office market is moving back to the CBD, looks at how financial-sector expansion, flight-to-quality demand and major reinvestment are reshaping the district.

Key Market Highlights:

• Premium Space Tightens: Central vacancy fell to 9.9%, with over 500,000 sq. ft. taken up in the first eight months of 2026.
• CBD Rents Rebound: Central rents rose 8.7% YTD, while Grade A1 rents increased 15.4%, far ahead of the territory-wide average of 0.3%.
• Ageing Stock Under Scrutiny: Currently, around 60% of Central’s Grade A office spaces are over 30 years old.
• Central’s Long-Term Edge: Supported by key policies and projects like Central Yards, Central is reinforced as a core financial hub for resilient businesses.

Download the Report for more insights: Link