Hong Kong Commercial Property Investment Jumps Amid Rising Demand
Hong Kong's commercial real estate market saw a US$1.6 billion investment in the first quarter, a 41% increase year-over-year. This growth is attributed to improved liquidity and global investor interest.
Hong Kongโs commercial property market attracted US$1.6 billion in investment in the first quarter, up 41 per cent from a year earlier, as demand for office, retail and hotel assets picked up amid improving liquidity, according to JLL. Investment volumes could receive a further boost from global investors looking to redeploy their capital amid the conflict between the US, Israel and Iran, the property consultancy said in a report on Tuesday. โWith Asia increasingly perceived as a relatively...