Large distressed Hong Kong realty deals set to rise
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 12 2024
0mins
Source: reuters
- Increase in Distressed Investment Property Sales: Higher interest rates and vacancies in retail and office spaces have led to a rise in the sales of distressed investment properties in Hong Kong in the second quarter.
- Market Trends and Foreclosure Sales: Realtors expect more distressed deals and discounted stocks in the market, with half of the investment properties transacted in the second quarter being foreclosure sales or sold at a loss.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
