Figures
Hong Kong Figures - Investment Q4 2025
January 14, 2026 10 Minute Read
Looking for a PDF of this content?
- Commercial real estate investment volume grew 130% q-o-q to HK$20.3 billion in Q4 2025. This brought the full-year total for 2025 to HK$44.5 billion, representing a slight increase of 3.1% compared with the full-year figure for 2024.
- The number of transactions registered in Q4 2025 totalled 31, dropping 11% q-o-q. There were only 106 transactions completed in 2025, the second-lowest level recorded since 2005, with just seven of them exceeding HK$1 billion.
- End-users remained the most dominant source of demand, accounting for 79% of overall investment volume in Q4 2025. They also completed the largest transaction of the year.
- Industrial investor sentiment improved with three en bloc properties transacted in Q4 2025.