Investors are focusing on retail shops in housing estates as businesses in prime areas continue to suffer due to a lack of tourists. Photo: Felix Wong
Investors are focusing on retail shops in housing estates as businesses in prime areas continue to suffer due to a lack of tourists. Photo: Felix Wong

Foreign funds chase retail assets in housing estates as they offer better value compared to prime streets

  • Annual investment yield seen rising to a 10-year high of 3 to 4 per cent from the previous 1 to 2 per cent, says Oscar Chan of JLL
  • Local and institutional investors eye retail shops in major housing estates such as Tseung Kwan O, Yuen Long and Tin Shui Wai

Investors are focusing on retail shops in housing estates as businesses in prime areas continue to suffer due to a lack of tourists. Photo: Felix Wong
Investors are focusing on retail shops in housing estates as businesses in prime areas continue to suffer due to a lack of tourists. Photo: Felix Wong
READ FULL ARTICLE