Commercial real estate investment volume across the Asia Pacific rose 18 percent year-on-year in the first half of 2025, while that of Hong Kong saw a subdued pace, says CBRE.
The full-year commercial property investment volume of the APAC region is expected to reach 10 to 15 percent growth amid a resilient economy, the commercial real estate services and investment firm said.
Despite overall high office vacancy in Hong Kong, prime locations witnessed a pickup in leasing activity, said Ada Choi, head of research for Asia Pacific.
However, she added that this year would mark the peak period for office supply in Hong Kong, which would put pressure on office rents.
In addition, mainland China recorded an overall high investment volume in commercial real estate, while its rent would face pressure due to a large amount of new supply, the firm said.
HELEN ZHONG