Hong Kong is no longer the largest commercial real-estate market in Asia-Pacific, having lost its crown to Tokyo in 2019, data and analytics firm Real Capital Analytics said on Thursday.Tokyo and Seoul took the first two spots. In 2018, they were in second and third spots, behind Hong Kong.“After experiencing years of strong rental and capital value growth, Hong Kong’s property market is entering a downward phase while the local economy faces pressure from both external and internal volatility…
Source : South China Morning Post
Read more…Hong Kong, hurt by US-China trade war, protests, replaced by Tokyo as Asia-Pacific’s largest commercial real-estate market in 2019















