JLL’s head of research Denis Ma says domestic spending is much more resilient than tourist spending under Hong Kong’s consistently low unemployment rate and stable growth in disposable income. Photo: AFP

Why private equity firms have been snapping up Hong Kong’s local malls

  • Hong Kong neighbourhood malls are seen as a stable, long term investments, insulated from the vagaries of tourist spending, analyst says
Topic |   Hong Kong property

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JLL’s head of research Denis Ma says domestic spending is much more resilient than tourist spending under Hong Kong’s consistently low unemployment rate and stable growth in disposable income. Photo: AFP
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