Hong Kong Real Estate Report Q1 2014 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-02 21:25:01
The real estate market in Hong Kong is characterized by consistent demand stemming from its financial and retail reputation as well as notable structural challenges as its integration with China continues. Significant increases in middle-income Chinese tourists has boosted both real estate and industrial investment opportunities, as international brands and modernized logistics facilities compete for space on all levels.
Though retail and industrial rents have been boosted by increased consumption from the mainland, long term questions remain as to the pattern of Chinese demand as well as Hong Kong´s own economic slowdown. With the abovementioned factors in mind, we have revised our real GDP growth forecasts marginally upwards to 2.8% from 2.4% previously. In 2014, however, BMI maintains projection for GDP growth of 3.0%, which remains below consensus estimates of 3.5%.
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