Hong Kong’s retail property assets are attracting a slew of domestic individual buyers, suggesting the year-long market fallout induced by the Covid-19 pandemic and recession may be bottoming out, according to industry experts.Local investors accounted for all of the 15 retail transactions last quarter, according to Colliers International, based on deals above the HK$100 million (US$12.8 million) threshold. They made up only 20 per cent in the second quarter and 80 per cent in the first quarter…
Source : South China Morning Post
Read more…Veteran investors are snapping up Hong Kong retail property assets in sign market slump is ending, Colliers says
