Property News · December 15, 2021

Hong Kong property investment to grow by 20 per cent next year, led by hotels, serviced apartments, says Cushman


Hong Kong will see property investment grow by a fifth in 2022, with hotels and serviced apartments set to become investors’ main acquisition target, according to Cushman & Wakefield.There will be 200 major transactions next year valued at around HK$100 billion (US$12.81 billion), the highest since 2018, according to the global property service firm’s “Hong Kong and Greater Bay Area (GBA) Property Market 2021 Review and 2022 Outlook.”As the pandemic gradually eased and the economy regained some…

Source : South China Morning Post
Read more…Hong Kong property investment to grow by 20 per cent next year, led by hotels, serviced apartments, says Cushman