Positive outlook for Hong Kong industrial, commercial and retail property deals

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Property transactions to rise 20 percent and return to 2022-23 levels, says Legend Upstar. SING TAO
Property transactions to rise 20 percent and return to 2022-23 levels, says Legend Upstar. SING TAO

Hong Kong's industrial, commercial and retail property transactions are expected to see a 20 percent year-on-year increase to 4,200 deals this year in a return to 2022-23 levels, according to Legend Upstar (0459).

The monthly transactions began rebounding at the end of last year, with several large-scale deals recorded, according to the property investment holding company.

GORDON YANG