News

“Remarkable year” for Hong Kong real estate

Real_estate_soldInvestors spent more than $20 billion on income-producing property assets in Hong Kong last year, a rise of 39% compared with 2016. The “remarkable year” pushed the territory past Tokyo to become the most active property market in the Asia-Pacific region by sales volume. “Scarcity of land, excess capital sitting on the balance sheets of domestic buyers, as well as a flood of capital from mainland China were the main reasons for the surge in activity,” said Real Capital Analytics, the property consultancy that produced the data. Across the region, acquisitions of income-producing property assets grew 6% over the year to reach nearly $158 billion, a record level. The growth mainly came from purchases of apartments and industrial buildings. Cross-border capital accounted for about 30% of the purchases. Asian cross-border investors increased their acquisitions by 29% compared with the previous year. ©2018 funds global asia

Executive Interviews

INTERVIEW: Joining the family

Dec 12, 2017

An acquisition has increased the visibility of Natixis investment managers in Australia. George Mitton talks to its local chief executive.

INTERVIEW: ‘It cannot be excluded’

Sep 27, 2017

Bond Connect’s launch means China’s onshore bond markets are more accessible than ever. Mo Ji, an economist at amundi, tells George Mitton why that matters.

Roundtables

REAL ESTATE ROUNDTABLE: In search of a home

Jul 17, 2017

From Korean warehouses to Chinese hospitals, investors’ holding periods are growing in Asia. But in a market awash with liquidity, so is competition for assets. Our panel in Hong Kong discuss real estate investment.

ROUNDTABLE: More transparency, less certainty

Mar 20, 2017

Our panel discussed exchange-traded funds, regulatory overdrive and whether mutual fund recognition has been a failure. Chaired by George Mitton in Hong Kong.