International Insights, Global Perspective

Japan's 2027 policy allows revocation of permanent residency for tax/social insurance delinquency with retroactive fraud investigations, creating three major compliance challenges for Chinese investors.

In 2026, the Hong Kong office market is not about a 'full recovery' but a clear divergence: prime offices in core areas like Central are starting to recover, but overall vacancy rates remain high, supply is still heavy, and institutional funds are reassessing returns and liquidity of Hong Kong office assets. This article analyzes whether the market is 'rebounding' or entering a new phase of 'core asset recovery first, weak assets continuing to clear out,' based on recent trends such as improved absorption in core areas, high overall vacancy, and Singapore REITs selling Hong Kong office buildings.