Large transaction activity slows in investment sector

Sales of industrial properties fell hard.

In the investment market of Hong Kong's real estate sector, it has been noted that investment activity slowed with the total turnover of properties over US$10m falling 42% q-o-q to HK$10.2b in Q1 2015.

According to a research note from CBRE, sales of industrial properties fell the most, down 56% q-o-q.

Further, the majority of transactions were of properties below HK$300m. Only 9 en-bloc transactions were registered.