Hong Kong’s bid to be an international education hub is spurring investments in the city’s battered commercial property segment, with hotels being converted to student housing and schools becoming a major driver of leasing in the retail sector, according to analysts.
So far this year, investors have spent HK$2.6 billion (US$334 million) in the student accommodation segment, including Hong Kong Metropolitan University’s acquisition of the Urbanwood Hung Hom Hotel, which was converted into student…
Source : South China Morning Post
Read more…Hong Kong schools turn to property investment as city eyes education hub status















