• 11/26/2024

Hong Kong property: fire sales dominate first-half deals as debt stress weighs on owners

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Distressed property sales accounted for HK$16.8 billion (US$2.1 billion) or 73 per cent of the total deal value in the first half, versus 10 per cent in previous years, CBRE says.

https://www.scmp.com/business/article/3269656/hong-kong-property-fire-sales-dominate-first-half-deals-debt-stress-weighs-owners?utm_source=rss_feed