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The economy in Hong Kong continued to witness the moderate growth recorded last year. External demand still remained weak. Real GDP increased slightly by 1.9% in Q4 2015, which is evidently the slowest growth rate compared to several past quarters.
Office investment market continued to outperform other commercial property sectors in early 2016 and it was relatively in line with the previous quarter. Several en-bloc office properties were transacted this quarter, included an office building in Central. Office investment volume involving properties priced at above HK$100 million remained stable at HK$19.22 billion, representing 61.2% of the total consideration paid during the quarter.
Source : Cushman & Wakefield
