Investment activities in China, HK rise in Q4 2024

Colliers said business confidence improved despite economic uncertainties.

Investment activities in China and Hong Kong increased in the fourth quarter of 2024, according to a Colliers report.

This improved business confidence is observed in the region despite a challenging economic landscape. 

In Hong Kong, Colliers noted that investors are now focusing on heavily discounted properties and those with repurpose potential. 

"Hong Kong investors mainly focused on assets under receivership or those being sold at a loss, with active players being well-capitalised cash buyers, end-users, or a mix of both."

Moreover, Colliers said the retail sector was the key driver of movements in cap rates in the last quarter.

Consumer spending surged during the Q4 festive season, benefiting the retail sector in various markets including Auckland, China, Hong Kong, Bangkok and Bengaluru.

Moreover, the office sector faces challenges in some locations as new high-quality green buildings enter the market, however, opportunities emerge in core locations.

Further, the industrial sector, primarily driven by logistics and warehouse assets, shows stable growth whilst remaining cautious about abundant supply.