# Hong Kong commercial real estate and technology trends > Developing situation record from CLSTR: https://clstr.news/situations/hong-kong-commercial-real-estate-and-technology-trends > Updated: 2026-10-12T01:00:00.000Z. Sources: 5. Developments: 2. Hong Kong is experiencing shifting trends across its commercial real estate and technology sectors. In the real estate market, there is rising demand for data centres to support AI-ready capacity, driven by hyperscalers and financial institutions. Simultaneously, the Grade A office market saw a significant decline in vacancies, with the Central district experiencing rent increases driven by banking and financial firms. As the business landscape evolves, the technology sector has seen a substantial increase in listed companies, growing by over 80% since 2020. This growth has prompted plans to expand the Hang Seng TECH Index. While business confidence among office occupiers has returned to positive territory, physical expansion remains cautious; many companies are prioritizing lease renewals and efficiency over increasing their physical office footprints. ## Timeline ### 2026-10-12: Hong Kong tech listings grow as office expansion remains cautious Hong Kong's tech sector is expanding with a planned increase in the Hang Seng TECH Index constituents, while office occupiers remain cautious about physical expansion despite rising business confidence. 2 sources. https://clstr.news/cluster/hong-kong-tech-listings-grow-as-office-expansion-remains-cautious ### 2026-10-06: Hong Kong real estate sees rising data centre demand and falling office vacancies Hong Kong's commercial real estate shows divergent trends: data centre demand is rising due to AI needs, while Grade A office vacancies have seen their largest quarterly decline since 2015. 5 sources. https://clstr.news/cluster/hong-kong-real-estate-sees-rising-data-centre-demand-and-falling-office-vacancies --- Cite as: Hong Kong commercial real estate and technology trends. CLSTR, https://clstr.news/situations/hong-kong-commercial-real-estate-and-technology-trends