{"id":115444,"date":"2020-04-07T06:45:13","date_gmt":"2020-04-06T23:45:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/investment-funds-eye-deeper-discounts-fire-sales-as-distress-mounts-in-hong-kong-property-sector\/"},"modified":"2020-04-07T07:03:12","modified_gmt":"2020-04-07T00:03:12","slug":"investment-funds-eye-deeper-discounts-fire-sales-as-distress-mounts-in-hong-kong-property-sector","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investment-funds-eye-deeper-discounts-fire-sales-as-distress-mounts-in-hong-kong-property-sector\/","title":{"rendered":"Investment funds eye deeper discounts, fire sales as distress mounts in Hong Kong property sector"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong\u2019s cash-strapped property owners have been willing to sell their assets at a 20 per cent to 30 per cent discount as the economic fallout from the coronavirus pandemic mounts. Some investment funds are waiting out for bigger fire sales.&#013;&#013;London-based real-estate investment fund manager Nuveen Real Estate said some assets had been priced at around 20 per cent to 30 per cent clearing even before the pandemic hit, as holders buckled under months of anti-government protests.&#013;&#013;\u201cThere are\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3078585\/investment-funds-eye-deeper-discounts-fire-sales-distress-mounts-hong-kong\" target=\"_blank\">Investment funds eye deeper discounts, fire sales as distress mounts in Hong Kong property sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s cash-strapped property owners have been willing to sell their assets at a 20&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-115444","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-u20","jetpack-related-posts":[{"id":113654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investment-in-hong-kong-commercial-property-dropped-52-per-cent-last-year-as-protests-hit-demand-across-sector-cbre-says\/","url_meta":{"origin":115444,"position":0},"title":"Investment in Hong Kong commercial property dropped 52 per cent last year, as protests hit demand across sector, CBRE says","date":"January 16, 2020","format":false,"excerpt":"\r Investment in Hong Kong office and retail properties plunged by 52 per cent last year to HK$$68.9 billion (US$8.9 billion), the largest decline in a single year since 2011, property consultancy CBRE said on Wednesday.The ongoing anti-government protests and economic uncertainty had weakened demand across all sections of the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123659,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/blackstone-silkroad-turn-hong-kongs-industrial-property-into-a-hotspot-with-54-per-cent-jump-in-investment\/","url_meta":{"origin":115444,"position":1},"title":"Blackstone, SilkRoad turn Hong Kong\u2019s industrial property into a hotspot with 54 per cent jump in investment","date":"December 7, 2021","format":false,"excerpt":"\r Global institutional funds have stepped up their purchases of industrial property in Hong Kong this year by 54 per cent, as Covid-19 continues to support bullish demand for data-centre and cold-storage facilities.They spent HK$17.3 billion (US$2.2 billion) or 61 per cent of total transactions of such assets so far\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-retail-sales-could-sink-up-to-50-per-cent-as-city-shuts-out-chinese-visitors-amid-coronavirus-outbreak\/","url_meta":{"origin":115444,"position":2},"title":"Hong Kong\u2019s retail sales could sink up to 50 per cent as city shuts out Chinese visitors amid coronavirus outbreak","date":"February 19, 2020","format":false,"excerpt":"\r Retail sales in Hong Kong could plunge by as much as half, as most of the city\u2019s borders with China remain shut amid the Covid-19 outbreak and its impact could be more severe on the sector than the months-long social unrest, according to the CEO of Sunlight Real Estate\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95243,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-receives-80-per-cent-of-chinas-outbound-property-investment-in-second-quarter\/","url_meta":{"origin":115444,"position":3},"title":"Hong Kong receives 80 per cent of China\u2019s outbound property investment in second quarter","date":"August 2, 2018","format":false,"excerpt":"\r China\u2019s financial tightening has crippled outbound real estate investment this year to its lowest level since 2015, even as investment towards Hong Kong outperformed and the city emerged as the only bright spot. Mainland China\u2019s outbound real estate investment in the first six months dropped by 37 per cent\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72493,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-dominates-asian-property-investment-in-first-half\/","url_meta":{"origin":115444,"position":4},"title":"Hong Kong dominates Asian property investment in first half","date":"November 22, 2017","format":false,"excerpt":"\r Hong Kong attracted the most property investment in Asia in the first half of 2017, according to a latest annual property report from PwC. The city took the top investment spot with real estate sales reaching US$8,269 million, a 5 per cent year over year increase, ahead of Tokyo\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103737,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-used-homes-in-hong-kong-gain-momentum-as-owners-slash-prices\/","url_meta":{"origin":115444,"position":5},"title":"Sales of used homes in Hong Kong gain momentum as owners slash prices","date":"February 7, 2019","format":false,"excerpt":"\r Sales of used homes on big housing estates in Hong Kong gained momentum last week as homeowners offered greater discounts and investment banks forecast house prices would hit a nadir in March. The number of transactions at 50 major housing estates, tracked by Ricacorp Properties, stayed above 100 for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115444"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=115444"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115444\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}