The WPJ

Macau

Hong Kong Sees Increased Investment Demand for Cold Storage Real Estate

Investment in Asia Pacific's cold storage market is expected to grow fivefold in the next decade, driven by a shortage of new supply, outdated existing facilities and rapidly changing consumer demands created by the widespread adoption of online grocery shopping.

Despite Covid, Asia Pacific Corporate Real Estate Disposals Hit Record Highs in 2021

According to global property consultant CBRE, following a steady flow of sales in 2020, corporates across Asia Pacific increased their real estate disposal activity in 2021. 762 deals worth a combined total of $44.4 billion were completed as sellers capitalised on strong pricing to offload assets.

Macau Residential Buyers Taking a Wait and See Attitude

Global property consultant JLL reports that due to repeated epidemics, economic downturns and high unemployment rate in Macau in 2021, property demand decreased as most of the potential buyers tended to wait and see. 

Macau Property Market Remains Stagnant in 2021, Despite Reopening Borders

According to JLL in its Macau Mid-year Review 2021, Macau's visitor arrivals have been picking up since the reopening of the border with China last year.

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