Strong economic performance drives Chinese business interest
An uptick in economic performance in China is having an impact on Hong Kong's economy, and critically, the outlook for the property market. In our latest piece of research, we examine the core asset types in Hong Kong and where we see an impact and the opportunities for occupiers, investors and real estate professionals.
Highlights:
- Hoteliers and retailers should strategise ahead for their logistics and marketing campaigns to prepare for the border reopening.
- Mainland financial and asset management firms to drive demand for Grade A office space in 2021.
- The stronger RMB-to-HKD FX rate reinforcing Hong Kong as an attractive investment destination for Chinese capital.
- Landlords should focus on customised incentives that target mainland clientele to target higher occupancy rates.
