Couldn't make the presentation? Click here to request the slides
Hong Kong
CBRE’s Heads of UK and Australia Residential Research present in Hong Kong
CBRE’s respective heads of UK and Australia residential research travelled to Hong Kong to present on 4th July 2017 at the CBRE Offices, Three Exchange Square, to investors pursuing residential opportunities in London and Australia.
Key headlines:
- London and Australia’s market fundamentals remain strong, with a stable economy, transparent tax and legal systems, world class education and positive employment growth, providing favorable investment conditions
- Strong rental market growth is underpinned by decline in home ownership across both destinations
- Demand for new homes in London and Australia remains underpinned by supply/demand imbalance
- Australian was the number one destination in the world for cross-border commercial real estate investment in 2017, signifying stable economy and safe investment potential
- London’s residential property market continues to outperform the rest of the UK, experiencing an average growth of 10% per annum
- Private renting in London has increased from 13.6% in 2004 to 28.1% in 2016, with new build rental properties attracting a premium of 13%
