Global property investors are turning their attention from Hong Kong - where the government has rolled out restrictive measures to curb investment demand - to offshore markets ranging from Japan to Vietnam.
While they remain positive about the long-term market outlook in China, including, Hong Kong, British property investment company Grosvenor and New York-based investment fund Angelo, Gordon & Co, say they are actively looking for buying opportunities in Japan.Investment fund Gaw Capital Partners singled out Vietnam as an option.
"At the moment, we think Tokyo presents the best market in terms of timing and opportunity in pricing," said Nicholas Loup, chief executive at Grosvenor Asia Pacific.
Source: South China Morning Post
"At the moment, we think Tokyo presents the best market in terms of timing and opportunity in pricing," said Nicholas Loup, chief executive at Grosvenor Asia Pacific.
Source: South China Morning Post
