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Hong Kong Figures - Investment Q1 2023
April 14, 2023
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- Commercial real estate investment volume (deals worth over HK$77 million, excluding pure land or related transactions) fell 54.9% q-o-q to HK$7.6 billion in Q1 2023, the lowest quarterly total since Q4 2020.
- This quarter’s investment market was primarily dominated by small-ticket deals, with only two transactions worth at or above HK$1.0 billion recorded.
- Investment sentiment for retail properties improved as the retail market showed signs of recovery along with the full border re-opening. Retail investment volume amounted to HK$4.3 billion, or 56% of the total, the highest proportion since Q3 2020.