The high price of Hong Kong Industrial Buildings is still of great investment value
Xia Weiqi, who had worked in various regions, pointed out that Hong Kong’s lack of supply has caused the logistics center floors to be extremely high, and he believes that even if the Hong Kong factory buildings are subject to high prices, they are still of great investment value.
Xia Weiqi joined Goodman Group in 2002. He successively held positions in the headquarters of the group company as well as investment management, capital trading, development and asset management departments. He then managed the Asia Pacific business and worked in Hong Kong since 2005. He knows about Hong Kong properties. deep.
Hong Kong logistics center characteristics to high altitude development
Comparing with the Global Logistics Center, he pointed out that the biggest feature of the Hong Kong logistics center is the large-scale and high-rise buildings. “The warehouses and logistics centers in China, Japan and Australia are all single-storey, or 2-4, but Hong Kong is rarely Only the high-altitude development is possible.” The group is located at the Interlink Center in Tsing Yi. It is a 24-storey building that is the tallest warehouse in Hong Kong. In addition, the Group’s ATL Logistics Centre Hong Kong in Kwai Chung has a total floor area of approximately 6 million square feet and is the world’s largest warehouse.
When asked about the prices of industrial buildings in Hong Kong, compared with the global situation, he smiled and said, “Hong Kong’s various types of properties are close to being the world’s most expensive.” For funds, investment pays off, even if property prices are high, he believes that the basic factors With support, Hong Kong still deserves investment. “Hong Kong has very limited land supply and the demand is very high. The occupancy rate of the property is high enough to support investment.” He pointed out that the Group’s global property rents rose by about 3% last year, while the Hong Kong District is slightly The high reflects the satisfactory growth in property rents in Hong Kong and it is expected that the rental prices will increase in the future.