Alan Kam

Rosanna Tang, Executive Director and Head of Research at Cushman & Wakefield Hong Kong commented on the 2024/25 Hong Kong Policy Address, Loosening the loan-to-value ratio may have little effect on short-term stimulus “We are pleased to see that the government has relaxed the loan-to-value ratio (LTV) policy by standardizing the loan-to-value ratio (LTV) policy for residential and non-residential properties to 70%, lowering the threshold for home ownership and investment. However, the residential market is greatly affected by interest rates and economic circulation, coupled with the cautious lending attitude of banks, the stimulus effect on the residential and non-residential investment markets in the short term is limited, and it is difficult to reflect it in the market in real time.” #CushmanWakefieldHK #CWExperts #RosannaTang #PolicyAddress2024 #HongKong ================================================= Subscribe to our e-newsletter for the latest market insights and updates >>> https://lnkd.in/g_qj2v6r 

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Russell Lam, CFA FRM MHKIS RPS (GP), Executive Director, Capital Markets at Knight Frank Hong Kong, was invited by The British Chamber of Commerce in Hong Kong to share his expert insights at a morning event providing attendees with a comprehensive update on the city’s evolving #RealEstate market. During the panel discussion, Russell highlighted a notable shift in the buyer landscape towards end users and family offices. While there is still a substantial capital pool in Hong Kong, the scale of institutional investment has decreased due to limited #investment opportunities that offer favourable risk-return profiles amid economic headwinds and high interest rates. Nevertheless, Russell remains optimistic about the sector’s long-term prospects, citing Hong Kong’s unique competitive advantage, particularly in finance, insurance and wealth management. Contact our team of professionals today for bespoke #property advice. #KnightFrank #YourPartnersinProperty #CapitalMarkets

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Hong Kong residential prices decline but rents rise steadily - CBRE The Rating and Valuation Department released the September home price index. Eddie Kwok, Executive Director, Valuation & Advisory Services, CBRE Hong Kong commented:  Based on the RVD figures in September 2024, residential prices dropped by 1.7% month-over-month and 12.5% year-over-year, marking the fifth consecutive month of decline. Over the 2 weeks, we observed counteroffer from secondary homeowners with developers raising their selling price for their newly launched residential projects. Read more on RETalk Asia: https://lnkd.in/dHjA5u5h The ASEAN Developer COMMO CBRE Eddie Kwok #cbre #cbrehongkong #hongkong #realestate #residentialrealestate #residentialmarkets #hongkonghousing #propertymarket #residentialprices #rentrates #hongkongresidentialmarket

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We are pleased to announce a distribution partnership with Bank of China (Hong Kong) to launch Value Partners Japan REIT Fund for Hong Kong investors. This fund is the first Japan REIT fund authorized by the Securities and Futures Commission ("SFC”)*, aiming to help investors achieve capital appreciation and income generation through investments in various types of Japanese REITs. Learn more about the Value Partners Japan REIT Fund: https://bit.ly/3MT78vQ #Jreit #investments #mutualfunds #investments *SFC authorization is not a recommendation or endorsement of the scheme, nor does it guarantee the commercial merits of the scheme or its performance. It does not mean the scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors. Investment involves risk and past performance is not indicative of future results. Please read the explanatory memorandum for further details including risk factors. The advertisement has not been reviewed by the Securities and Futures Commission. Issuer: Value Partners Hong Kong Limited.

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Hong Kong real estate firm ESR Group with $154 billion portfolio has received a $7.1 billion privatization buyout offer from founder-included consortium, offering HKD 13 per share or option for share swap or both cash & share swap.  The price is 13.6% higher prior to trading halt.  The buyout consortiuminclude founders of ESR, Starwood Capital, Sixth Street, SSW Partners, Warburg Pincus & Qatar Investment Authority.  Japan MUFG, Mizuho & UOBwill provide a $1.5 billion loan facility. Read - https://lnkd.in/gktkSeTh follow Caproasia | Driving the future of Asia Hong Kong real estate firm ESR Group with $154 billion portfolio has received a $7.1 billion privatization buyout offer from founder-included consortium, offering HKD 13 per share or option for share swap or both cash & share swap.  The price is 13.6% higher prior to trading halt.  The buyout consortium include founders of ESR, Starwood Capital, Sixth Street, SSW Partners, Warburg Pincus & Qatar Investment Authority.  Japan MUFG, Mizuho & UOB will provide a $1.5 billion loan facility.  ESR Group is Asia-Pacific’s leading New Economy real asset manager and one of the largest listed real estate investment managers globally. Our fully integrated fund management and development platform extends across Australia and New Zealand, Japan, South Korea, Greater China, Southeast Asia, and India, including a presence in Europe. We provide investors with a diverse range of real asset investment and development solutions across private and public investment vehicles. Our focus on New Economy real assets offers customers modern solutions for logistics, data centres, and infrastructure and renewables. Our purpose, Space and Investment Solutions for a Sustainable Future, drives us to manage sustainably and impactfully for the communities where we operate and the spaces we develop to thrive for generations to come. ESR Group is listed on The Stock Exchange of Hong Kong (HKSE: 1821.HK).

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MPF Ratings released Q1 2024 MPF Asset Class Fund Flow Summary by highlighting that US equities received over $9bn of MPF’s net inflows in Q1 2024, by far the largest quarterly MPF net inflows into US equities ever recorded, and a concerning trend which Mr Chung attributes to a confluence of new fund launches, disappointing local equity results and MPF members trying to capitalize on the strong momentum of the US market. Find out more here: https://lnkd.in/eRJmq4ne #mpfratings #MPFRIntelligence #MPFRConsistentPerformers #MPFFastMover #MarketInsights #MPFMarketShare #MPFFundFlows #MPFNetReturns #MPFIndustry #pensionschemes #assetmanagement #investmentmanagement #mpf #investment #empf

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ESR Kendall Square REIT is a leading logistics center REIT in Korea that was listed on the stock market in December 2020. When it was first listed, there were 11 underlying assets, to which ESR Kendall Square REIT added more over the course of several years until the REIT owned 18 assets and had an AUM of KRW 2.45 trillion. Oversupply of logistics centers and high interest rates have plummeted the market into a deep freeze, but still ESR Kendall Square REIT purchased Yongin Logistics Center 1, Icheon Logistics Center 7, and Icheon Logistics Center 6 in 2022, never taking a break from asset incorporation. In 2021, ESR Kendall Square REIT acquired its first external asset, BRIC logistics center complex (now the Yongin Logistics Center 3), expanding its pipeline beyond its sponsor ESR Kendall Square. https://lnkd.in/g8Yh_C8B #SPI #Seoulpropertyinsight #realestate #koreanmarket #investment #commercialrealestate #DWSAssetManagement #ESRKendallSquareREIT #Logiport

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Our Chief Investment Officer Ms. 张弘Harriet Zhang brings you the market outlook for Q3 2024. Harriet:” We remain optimistic on short-term interest rates but expect continued volatility in long-term rates. We recommend allocating to bonds when yields are high, to capture attractive yields. Additionally, we suggest taking advantage of trading opportunities for potential capital gains." #HASLASIA #Q3MarketOutlook #GlobalMarket # #ChinaMarket #ILAS #Investment #FinancialPlanning #GetMoreFromLife #MoreAcademy 

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THE NIPPON REIT Investment Corporation has sold three assets as part of its strategy to improve the metrics of its portfolio. #investmentsales #CapitalMarkets #Japan #NipponREIT #OfficeRealEstateSales #REITsRealEstateInvestmentTrusts #ResidentialRealEstateSales #Tokyo

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Ryan Ip, CFA, MRICS, Vice President cum Co-Head of Public Policy Institute of 團結香港基金 Our Hong Kong Foundation (OHKF), wrote an article on Sing Tao Daily regarding the property market after the withdrawal of the cooling measure.   In response to various suspicion of whether the withdrawal would revive speculation in the property market or cause property prices to soar again, Ryan argued that the withdrawal was conducive to the improvement of the capacity and liquidity of the market, and helping families who were purchasing a property for the first time or purchasing another property to take a step forward on the ladder of "flat-for-flat", and additionally, a moderate relaxation of mortgage policies would also make it easier for those who wanted to move up to the next level on the ladder of "flat-for-flat".   Ryan mentioned that, at the present stage, the property market did not meet the conditions for speculation. As the government is active on land creation, the land reserve is gradually entering the "harvesting phase". Therefore, the government can be more confident about land sale, whenever appropriate, for adjusting market expectations, so that the market will continuously maintain a stable development after the withdrawal.   OHKF launched its latest exclusive annual housing supply forecast on 2 May. After years of strenuous effort in land creation and expediting housing supply, Hong Kong is now entering a "harvesting phase". As the housing supply outlook continues to improve, the time is ripe to shift the policy focus from enhancing quantity to enhancing quality. Read the report now!   Full Report: https://bit.ly/4a4EBg9 Press Release: https://bit.ly/4dCmdhR

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Veiverne Yuen (Partner) was part of a panel on DealStreetAsia PE-VC Summit with the topic "Asian family offices recalibrating investment strategies amid global headwinds", alongside Zann Kwan, 关旨斌, CFA (Revo Digital Family Office), Rebekah Woo, CFA, CAIA(Farro Capital), Wen Tan (Nelson Capital) and Sean Low (刘轩昂）(Golden Vision Capital (Singapore) Pte Ltd). While everyone is affected by the macro-environment, there are some nuances for Asian family offices. Asian families are likely in their first or second generation, with a substantial portion of their wealth locked up in the operating business. There is a need to diversify against these holdings, whilst not having sufficient investable AUM to justify a family office set-up with a competent team. At Blauwpark Partners, we are a “single-family office for multiple families”, with deep investment knowledge and experiences in private markets. Families can leverage our platform and resources for their family office set-up. #familyoffice, #UHNW, #strategicassetallocation

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Prosperity REIT closed Hong Kong's first green and transition loan in the real estate industry. This will support the REIT's energy efficiency improvements and decarbonisation initiatives over the next five years. Prosperity REIT owns a diverse portfolio of seven high-quality properties in the decentralised business districts of Hong Kong, comprising all, or a portion of, three Grade A office buildings, one commercial building, two industrial/office buildings and one industrial building, with a total gross rentable area of about 1.28 million sq. ft.. It is on track to deliver on Sustainability Vision 2030 promise which reflects ESR Group’s ESG strategy and 2030 roadmap targets. Prosperity REIT also embraces sustainable finance to align with investor needs, mitigate risk and foster a resilient and sustainable future for planet and society. #ESRGroup #ESR #Investment #FundManagement #NewEconomy #Development #SustainableFuture #REIT #ProsperityREIT

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Hong Kong's EV adoption is surging! Learn more about how property owners can benefit from this trend as Wendy Chan （she/her), Senior Director of Valuation Advisory, discusses EV infrastructure opportunities in this “Market Outlook” episode. #JLL #JLLHK #MarketOutlook #EV Cathie Chung Oscar Chan

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CK Infrastructure Holdings Limited(HK.01038), a key player in infrastructure development and part of the business empire of Hong Kong tycoon Li Ka-shing, is making waves by expanding its global presence through a secondary listing on the London Stock Exchange Exchange. With approval from the UK's Financial Conduct Authority, trading for CK Infrastructure is scheduled to commence on August 19th under the ticker symbol CKI. The decision to list on the LSE stems from the UK being CK Infrastructure's largest market, significantly contributing to its earnings. By pursuing this strategic move, the company aims to elevate its visibility, attract a wider investor base, and stimulate trading activity. Noteworthy is CKI's position as potentially the inaugural company to leverage the London Stock Exchange's new listing regulations. Li Ka-shing, a prominent figure in the Chinese business landscape, is known for his influential and forward-thinking business strategies. Moreover, with SHEIN also considering a public offering on the LSE, Chinese firms are exploring alternatives amidst geopolitical uncertainties, indicating a shift towards overseas listings beyond the US IPO market. This is also something that deserves the attention of professionals in the financial industry.#CHina #HongKong #companies #IPO #LSEG

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