Property News · July 9, 2024

Hong Kong property: fire sales dominate first-half deals as debt stress weighs on owners


Distressed property sales accounted for HK$16.8 billion (US$2.1 billion) or 73 per cent of the total deal value in the first half, versus 10 per cent in previous years, CBRE says.

Source : South China Morning Post
Read more…Hong Kong property: fire sales dominate first-half deals as debt stress weighs on owners