[RSS] ‘Out of ICU’: Hong Kong’s quarterly real estate deals triple to US$4.9 billion

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[RSS] ‘Out of ICU’: Hong Kong’s quarterly real estate deals triple to US$4.9 billion

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Investment in Hong Kong’s commercial property more than tripled in the third quarter from a year earlier, making it the second-fastest growing market in the Asia-Pacific region amid rising confidence in the city’s bruised real estate sector, according to MSCI. Some US$4.9 billion was pumped into offices, data centres, retail spaces, hotels and senior housing in the September quarter, a year-on-year increase of 231 per cent, according to the data services provider, which compiled deals worth at...

Source: https://www.scmp.com/business/article/3 ... e=rss_feed

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