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Foreign investors most pessimistic on Hong Kong property market in survey across Asia-Pacific markets

Global investors are most pessimistic on the property market outlook in Hong Kong among major Asia-Pacific locations as the city struggles to emerge from its deepest recession on record and long-running political crises.About one-fifth of investors said they planned to reduce some of their holdings in the city, according to a survey conducted by real estate consultancy JLL. Only 4 per cent of them wanted to raise their capital allocation, while the rest would maintain the status quo.Hong Kong…

Read the original article at South China Morning Post

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