People wearing protective face masks walk along a street in Central, the business district of Hong Kong, on February 11. Long before the outbreak of the coronavirus, investors in Asian property were not being adequately compensated for the increased risks in the region. Photo: APPeople wearing protective face masks walk along a street in Central, the business district of Hong Kong, on February 11. Long before the outbreak of the coronavirus, investors in Asian property were not being adequately compensated for the increased risks in the region. Photo: AP
People wearing protective face masks walk along a street in Central, the business district of Hong Kong, on February 11. Long before the outbreak of the coronavirus, investors in Asian property were not being adequately compensated for the increased risks in the region. Photo: AP
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

How Asia’s commercial property has become a victim of its own success

  • Investor demand has pushed down prime office yields in key Asian cities, where weak demand and oversupply are already depressing rents
  • While monetary conditions remain loose, investors will not abandon this asset class. The weaker fundamentals could lead to a needed repricing of risk in Asian property

People wearing protective face masks walk along a street in Central, the business district of Hong Kong, on February 11. Long before the outbreak of the coronavirus, investors in Asian property were not being adequately compensated for the increased risks in the region. Photo: APPeople wearing protective face masks walk along a street in Central, the business district of Hong Kong, on February 11. Long before the outbreak of the coronavirus, investors in Asian property were not being adequately compensated for the increased risks in the region. Photo: AP
People wearing protective face masks walk along a street in Central, the business district of Hong Kong, on February 11. Long before the outbreak of the coronavirus, investors in Asian property were not being adequately compensated for the increased risks in the region. Photo: AP
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