Commercial real estate deals soar in Hong Kong as easy loans prompt buyers to snap up offices, shops and even car parking bays

Non-residential real estate investments into Hong Kong have soared this year, as mainland Chinese and foreign investors snapped up industrial buildings, shops, serviced apartments and car parking bays in the city.Purchases by foreigners and Chinese investors soared to a two-year high of HK$17.3 billion (US$2.2 billion) in the eight months through mid-August, according to data compiled by Midland IC&I, which tracks non-residential property deals larger than HK$100 million. Investors domiciled in…

Commercial real estate deals soar in Hong Kong as easy loans prompt buyers to snap up offices, shops and even car parking bays
Non-residential real estate investments into Hong Kong have soared this year, as mainland Chinese and foreign investors snapped up industrial buildings, shops, serviced apartments and car parking bays in the city.Purchases by foreigners and Chinese investors soared to a two-year high of HK$17.3 billion (US$2.2 billion) in the eight months through mid-August, according to data compiled by Midland IC&I, which tracks non-residential property deals larger than HK$100 million. Investors domiciled in…