Investment in Hong Kong commercial property this year is likely to fall 65 per cent year on year to HK$26 billion (US$3.33 billion), a 15-year low, as a slow economic recovery in the city and mainland China as well as elevated interest rates weigh on sentiment, Colliers says.
Source : South China Morning Post
Read more…Colliers revises 2023 forecast, says Hong Kong commercial property investment to decline by 65 per cent as interest rates, economy weigh on sentiment
