Vertical Urban Ecosystems: Reinvigorating Hong Kong’s Office Buildings

A focus on space efficiency, more cautious corporate spending, record-high vacancy rates, and a surge in new supply are reshaping Hong Kong’s office landscape, CBRE believes this is an opportune moment for landlords to reassess their leasing strategies and revise their approach to space utilisation and asset management.

Work-life balance in modern workplaces and policy measures to attract high-calibre students and skilled professionals to Hong Kong are underscoring the importance of providing accommodation near campuses and workplaces. With the growing demand for buildings that combine living, working, and social elements, now is the time for landlords to unlock the potential of commercial buildings that can foster a 24/7 ecology and facilitate collaboration among tenants from fast-growing industries, boosting occupancy in the process.

In an era of rapid AI, automation, and robotics advancements, future-ready technologies will emerge as a vital differentiator for hub-centric buildings to maintain a competitive edge.

This CBRE Research report explains what these changes mean for office landlords and provides practical solutions for property owners seeking to future-proof their assets to stay ahead of the competition.