You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行》匯豐研究:寫字樓租賃勢頭持續改善 看好太古地產(01972.HK)及置地
阿思達克 08-28 13:54
匯豐環球研究表示,富衛香港宣布與太古地產(01972.HK)簽訂為期10年的租約,於太古坊擴充33萬平方呎辦公空間(包括新租及續約),橫跨12個樓層設立新總部。此為香港今年迄今面積最大的寫字樓租賃交易。繼2025年6月Jane Street在中環海濱項目預租22.3萬平方呎後,連續出現大額交易,確認該行對香港寫字樓收租股下行風險低於市場預期的觀點。隨著金融活動(包括IPO及股市)持續改善,應對這個以金融為核心的城市及寫字樓市場構成利好。 該行指出,寫字樓租賃勢頭持續改善,連續四個月錄得正淨吸納量,需求主要來自金融及專業服務業。今年初增加的租賃查詢正逐步轉化為實際交易,推動整體空置率按月下降0.2個百分點至13.4%。不過,該行指認為接近市場底部為時尚早。2025年下半年及2026年即將到來的供應潮(包括西九龍IGC項目190萬平方呎、銅鑼灣One Causeway Bay 50萬平方呎及利園八期70萬平方呎)可能在短期內壓制租金表現。 匯豐環球研究認為寫字樓市場仍面臨挑戰,但部分業主可受惠於「追求品質」趨勢。部分主要業主亦作出戰略轉型,透過新增長動力降低對寫字樓市場的依賴,此舉可能帶來驚喜。該行看好太古地產,評級為「買入」,目標價23.9港元;以及香港置地,評級「買入」,目標價7.42美元。香港置地的新策略正推動股票重新評級,而太古地產在內地改善的商場業務及物業銷售或提供上行驚喜。然而,該行對冠君產業信托(02778.HK)保持謹慎,因其分派收益可能持續承壓,目標價1.71港元,評級「減持」。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account