Hong Kong coronavirus: shops change hands at a faster pace as owners bet on a retail sales revival amid tapering Covid-19

//Hong Kong coronavirus: shops change hands at a faster pace as owners bet on a retail sales revival amid tapering Covid-19

Hong Kong coronavirus: shops change hands at a faster pace as owners bet on a retail sales revival amid tapering Covid-19

Hong Kong’s improving economy and a rebound in retail sales is spurring investors to bet on shops, as they expect the real estate segment to be among the first to benefit from the rising domestic consumption.The optimism has seen some early investors, including one from mainland-backed company, make some big-ticket purchases last month.The number of transactions for shops could total 1,400 in the second half alone, compared to the 901 deals recorded in the first half, as more investors pile…

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By | 2021-07-03T04:45:07+00:00 July 3rd, 2021|Business|Comments Off on Hong Kong coronavirus: shops change hands at a faster pace as owners bet on a retail sales revival amid tapering Covid-19