Report | Future Cities
The Evolution of the Hong Kong Grade A Office Market - A Telescopic Analysis 2025
October 14, 2025 20 Minute Read
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Hong Kong’s Grade A office market is currently in the sixth year of a prolonged downturn. With vacancy rates continuing to rise, a substantial volume of office space is set to remain unused for an extended period. Many businesses remain cautious after the recent trade conflict led to heightened global economic uncertainty.
This fourth edition of "The Evolution of the Hong Kong Grade A Office Market – A Telescopic Analysis" tracks changes in the status of individual office occupiers between 2022 and 2025, categorising them by occupier industry sector, company origin, submarket, and size.
CBRE’s findings identify trends and implications for both office landlords and occupiers, helping them evaluate their current position relative to their peers. Using the latest economic and property market data, the office supply pipeline, and workplace patterns, this report forecasts office occupancy trends for the next three years.
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