Hong Kong Real Estate News
Hong Kong
Asia Pacific Commercial Property Markets Slowly Rebounding Post Covid
According to CBRE's latest MarketView and Investment Trends research, the commencement of COVID-19 vaccination programs and an improving economic outlook contributed to a steady increase in commercial property leasing and capital markets activity in Asia Pacific in Q1 2021.
Global Commercial Property Investment Down in Q1
According to new research by international property consultant JLL, global commercial real estate transaction volumes declined by 13% year-on-year in the first quarter of 2021.
South Korea Commercial Property Investment Imploded in 2020, Driven by COVID
According to CBRE's 2020 Korea In and Out report, foreign investment in the Korean commercial real estate market reached an estimated $1.9 billion in 2020, down 24% y-o-y, while Korean outbound commercial real estate investment volume fell 39% y-o-y to $6.3 billion in 2020.
Hong Kong's Luxury Residential Market Begins Rebound in 2021
International property consultant JLL's latest Residential Sales Market Monitor report shows Hong Kong's luxury residential capital values saw a 0.8% rebound q-o-q in the first quarter of 2021 after dropping 8.2% in 2020
