Research

Hong Kong Industrial Market Dynamics Q1 2025

Summary and analysis of Hong Kong's current industrial real estate market conditions.

June 03, 2025
Contributors:
  • Cathie Chung
  • Leasing velocity remains slow amid limited new demand.

  • The overall vacancy increased from 7.9% in Q4 2024 to 8.9% in Q1 2025.

  • Primary sales of modern industrial facilities dominate transaction volume.

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