Dossier
Thomas Chak
Coverage of Thomas Chak in the Nexus archive.
- Singapore-based investors now the top non-local buyers of Hong Kong office assets
Singapore-based investors have become the largest non-local buyers of Hong Kong office assets due to a significant price correction in distressed commercial properties amid a market slump. Colliers reports that office asset prices have dropped up to 50%, with demand from Singapore expected to remain steady.
- Singapore-based investors now the top non-local buyers of Hong Kong office assets
Singapore-based investors have become the largest non-local buyers of Hong Kong office assets due to significant price corrections in distressed assets amid a slump in the office segment. Colliers reports that prices have dropped by up to 50%, with demand expected to remain steady.