Property News · January 20, 2020

Hong Kong’s real estate investors head offshore for better returns, as prices and rents decline at home amid a slumping economy


Hong Kong’s real estate investors are increasingly looking offshore for better returns on their investments, amid the city’s declining rents and resale prices for office space and retail lots in a slumping economy.Family offices, as the investment vehicles of ultra-high net worth tycoons are called, have begun to increase their offshore assets to between 20 per cent and 30 per cent of their portfolio, compared with the previous 10 per cent, said CBRE Hong Kong’s capital market executive…

Source : South China Morning Post
Read more…Hong Kong’s real estate investors head offshore for better returns, as prices and rents decline at home amid a slumping economy

You may also like...