Hong Kong Office and Retail Investment

Housing Investment Consultancy
Office and Retail Investment

February 2017

The investment market was surprisingly buoyant in the last quarter of 2016 given continuing rental growth in the office market and plenty of local liquidity.

Both Swire’s Grade A office project in Kowloon Bay and four out of the five shopping centres tendered by the Link REIT were sold to local investors.

Mainland purchasers and developers are turning their attention to the land market, a trend which we expect to continue in 2017.

Grade A office investment sentiment remained buoyant as rents continued to climb.

Early signs of a slowing in the rate of decline in the retail sector have been noted with retail sales falling at a slower pace towards the end of last year.

Veteran retail investors will soon be looking at the prime street shop sector for bargains with prime street shop rents likely to bottom out towards the end of this year.

 

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

kamaco Two Exchange Square

+852 2842 4573

 

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