Property News · June 16, 2020

Investors shun commercial real estate as Hong Kong grapples with coronavirus impact, political fallout


Hong Kong’s commercial real estate market is expected to be hobbled by uncertainty surrounding the controversial security law, with transactions already growing at the slowest pace since the global financial crisis, analysts said.Although the impact may be short-lived, this will not help the already flagging real estate market in the city, which was setting world records for the most expensive office and retail assets within the past three years.“It’s twofold with Hong Kong. There were the…

Source : South China Morning Post
Read more…Investors shun commercial real estate as Hong Kong grapples with coronavirus impact, political fallout