Property News · October 12, 2018

Hong Kong ranks second in cross-border investments, attracted US$13.26 billion in 12 months until June


Hong Kong has moved up 14 places to emerge as the second favourite destination globally for cross-border investment after London, according to an annual report on global commercial real estate investment activity published by Cushman and Wakefield on Thursday.
The city has benefited from Beijing’s capital controls, which encourage mainland Chinese investors to concentrate their real estate allocations closer to home. The city was the second-largest destination for mainland investment last…

Source : South China Morning Post
Read more…Hong Kong ranks second in cross-border investments, attracted US.26 billion in 12 months until June