Staff Reporter
,
Hong Kong
Photo by Nextvoyage from Pexels
The 2024 net buying intention of Hong Kong was -11%.
Hong Kong expects to witness a repricing of office assets in 2024.
Hong Kong investors have strong intentions to sell assets in 2024, CBRE reported.
Investors in the region also exhibited the weakest buying intentions at -11%. CBRE said the weak buying intention is likely due to significant capital value declines in the local market.
Meanwhile, CBRE said build-to-sell solutions will be in demand for Hong Kong investors in 2024.
CBRE also expects Hong Kong to witness the further repricing of office assets in 2024.
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