Figures

Hong Kong Figures - Retail Q2 2026

July 14, 2026 10 Minute Read

Leasing activity in core districts accelerated this quarter, with leasing volume jumping 73% q-o-q to 376,000 sq. ft.. This pushed up the half-year total by 22% y-o-y to 593,900 sq. ft., accounting for 52% of 2025’s total.
Demand from the F&B sector was robust in Q2 2026, with the sector leasing a total of 161,000 sq. ft., the highest quarterly figure on record and more then double the amount reported in Q1 2026. Fashion remained the second-largest contributor to leasing volume, accounting for 40,000 sq. ft..
Demand from cosmetics stores rebounded sharply to 18,500 sq. ft., the strongest quarter since Q2 2023.
Vacancy rates for high street shops in core districts fell by 0.3-ppt q-o-q to 6.5%, the second lowest level since Q4 2019.
Low vacancy contributed to a 1.0% q-o-q increase in rents, marking the sixteenth consecutive quarterly rise and bringing y-t-d growth to 1.8%.