JLL: As of the end of January, the overall vacancy rate of office buildings in Hong Kong dropped to 13.5%.

In the "Hong Kong Property Market Watch" report released by Cushman & Wakefield, it is pointed out that the leasing demand from the financial industry remains strong, leading to a decrease in vacancy rates in Central to the lowest level since 2023. The vacancy rate of grade A office buildings in Central has gradually improved, decreasing from a peak of 12.2% in September 2024 to 10.1% at the end of January, a decrease of 0.8 percentage points. The overall leasing rate of office buildings in the market continues to improve. By the end of January, the overall office vacancy rate in Hong Kong had dropped to 13.5%; the vacancy rates in Wan Chai/Causeway Bay and Tsim Sha Tsui also decreased by 0.5 percentage points respectively.