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Hong Kong's trophy offices surge as financial firms fuel uneven recovery

Two IFC in Central towers over other buildings on Hong Kong's skyline. Demand for premium offices in the business district recovered in the first half of 2026. (Photo by Anne Chan)LORRETTA CHEN and ANNE CHANJuly 23, 2026 16:17 JSTHONG KONG -- Jason Yao, a senior managing director

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Two IFC in Central towers over other buildings on Hong Kong's skyline. Demand for premium offices in the business district recovered in the first half of 2026. (Photo by Anne Chan)LORRETTA CHEN and ANNE CHANJuly 23, 2026 16:17 JSTHONG KONG -- Jason Yao, a senior managing director at private equity firm Ardian, wishes he had leased a bigger office in Hong Kong.

HONG KONG -- Jason Yao, a senior managing director at private equity firm Ardian, wishes he had leased a bigger office in Hong Kong. HONG KONG -- Jason Yao, a senior managing director at private equity firm Ardian, wishes he had leased a bigger office in Hong Kong. Read NextChina debt crunchChina's property developers face fresh liquidity crunchPropertyTokyo office vacancies fall below 2% for 1st time since pandemicOpinionTokyo's property boom is a warning, not a crisisPropertyChina's state developers power Shenzhen construction despite market woesAgricultureChina's high-rise pig farming leads to pork glut, falling pricesBusiness trendsHong Kong looks beyond Iran war in cultivating China-Mideast businessLatest on PropertyPropertyTokyo area condo prices top 100m yen in January-June for 1st timePropertyTokyo office vacancies fall below 2% for 1st time since pandemicPropertyCash buys dominate Tokyo and Osaka penthouses as luxury demand surges Read Next Read Next China debt crunchChina's property developers face fresh liquidity crunchPropertyTokyo office vacancies fall below 2% for 1st time since pandemicOpinionTokyo's property boom is a warning, not a crisisPropertyChina's state developers power Shenzhen construction despite market woesAgricultureChina's high-rise pig farming leads to pork glut, falling pricesBusiness trendsHong Kong looks beyond Iran war in cultivating China-Mideast business China debt crunchChina's property developers face fresh liquidity crunch China debt crunchChina's property developers face fresh liquidity crunch PropertyTokyo office vacancies fall below 2% for 1st time since pandemic OpinionTokyo's property boom is a warning, not a crisis PropertyChina's state developers power Shenzhen construction despite market woes AgricultureChina's high-rise pig farming leads to pork glut, falling prices Business trendsHong Kong looks beyond Iran war in cultivating China-Mideast business Latest on Property Latest on Property PropertyTokyo area condo prices top 100m yen in January-June for 1st timePropertyTokyo office vacancies fall below 2% for 1st time since pandemicPropertyCash buys dominate Tokyo and Osaka penthouses as luxury demand surges PropertyTokyo area condo prices top 100m yen in January-June for 1st time PropertyTokyo office vacancies fall below 2% for 1st time since pandemic PropertyCash buys dominate Tokyo and Osaka penthouses as luxury demand surges Sponsored Content Sponsored Content

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New BMW X5 gets diesel, hybrid, electric and hydrogen versions
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New BMW X5 gets diesel, hybrid, electric and hydrogen versions

BMW’s new X5 offers more powertrain choices than ever, combining diesel, plug-in hybrid, electric and future hydrogen technology. BMW’s fifth-generation X5 arrives with more powertrain choices than any version before it, including a hydrogen model due in 2028 built with Toyota. R

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