Momentum to pick up in H2
Despite the ease of the fifth wave of COVID-19 in Hong Kong, the upcycle of the US Fed’s interest rate hike has hindered the investment market’s recovery and delayed investors’ decision-making in Q2.
Key highlights
- Industrial assets will remain sought-after, supported by strong demand and rental performance
- Co-living and residential developments are also attractive given the city’s solid housing needs
- We maintain our forecast to see transaction volume at -5% YoY in 2022