Premium office leasing momentum continues into 2026 in Hong Kong Central

The market is seeing rising occupancy and rents.

Leasing momentum in Hong Kong Island’s office market is carrying into 2026, with premium Grade-A offices in Central experiencing rising occupancy and constrained availability, according to Knight Frank. The limited supply has supported rental growth in select premium buildings, highlighting the continued appeal of Central as the city’s core finance hub.

A notable example is E Fund Management, which is expanding its presence to the 23rd floor of Two IFC, pushing the building’s occupancy rate close to 100%, Knight Frank reported. The consultancy noted that strong demand from the finance sector, coupled with the scarcity of available premium space, is not only driving growth in top-tier buildings but also creating opportunities for traditional Grade-A offices and well-located secondary properties.

Knight Frank forecasts that this trend of high occupancy and selective rental growth is likely to continue as demand for quality office space in Central remains robust, reinforcing the strategic advantage of prime locations in Hong Kong Island’s competitive office market.