Property News · August 26, 2020

Hong Kong’s commercial property investors expect relaxed mortgage rules to kick start buying activity


Activity in Hong Kong’s commercial market is likely to gain momentum as investors expect the government to further loosen industry curbs, after the city’s de facto central bank eased mortgage lending rules for non-residential real estate for the first time in more than a decade, according to market observers.Bridgeway Prime Shop Fund Management, a Hong Kong-based retail property investment fund, said it plans it to speed up its HK$100 million (US$12.9 million) acquisition spree in Hong Kong’s…

Source : South China Morning Post
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