Hong Kong businessmen sought-after investors buy more to sell less next year

According to a Colliers International survey of investors, more than half of respondents said they would sell more property in 2018 and 75% would like to invest in whole buildings or tiered offices.

The bank conducted an investor survey from September to October this year to collect 35 views from funds and developers with a capitalization of over 1 billion U.S. dollars (over 7.8 billion U.S. dollars). The survey found that respondents generally hold the view on holding the real estate market in Asia Pacific region Positive attitude, more than half of respondents said they will be net buyers next year.

68% of respondents said they will continue to invest more in real estate next year. 75% of respondents are interested in whole blocks and office buildings in Hong Kong. 64% of the respondents have interest in industrial buildings and the land. In addition, about half of investors also think that the total investment in the Asia Pacific region will grow next year. Hong Kong, Shanghai, Beijing and Singapore are expected to become the cities with the most real estate investment next year.

Chinese capital accounted for the majority of transactions

The survey also showed that investors make real estate investment decisions most concerned about the economic outlook, accounting for 23%; and interest rates followed closely followed, accounting for 22%.

Sheik Fung, director of Colliers International Research, believes property prices can be expected to remain stable without affecting the property prices if the market keeps rising slowly and is expected to rise three times a year as expected.

He pointed out that in recent months, many Chinese and small and medium-sized developers inquired into finding out the small-scale land in Hong Kong through private mergers and acquisitions, including thousands of square feet of coastal urban area with a land value of about $ 1 billion. It is estimated that next year The activity of small developers and Chinese acquisition of old buildings in Hong Kong will increase.

In addition, Colliers International Asia Capital Markets and Investment Services Deputy Managing Director Hu Xiaogu optimistic about next year’s office market turnover, most transactions expected from Chinese.