Property News · May 28, 2019

Mainland developers take a shine to Hong Kong industrial property


Chinese developers are eyeing Hong Kong’s revitalised industrial property market, which has been traditionally dominated by local investors, as they see high potential for price growth in the world’s least affordable housing market.The value of industrial properties sold to mainland developers or investors totalled HK$2.32 billion (US$295.56 million) in 2018, reflecting a rise of 44.3 per cent from a year earlier, excluding revitalised buildings which underwent complete conversion, according to…

Source : South China Morning Post
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