Hong Kong’s major property developers are shifting investment in mainland China from residential projects to commercial assets, including hospitality, as weak home sales and fewer attractive investment opportunities prompt them to focus on existing proper...
The pivot from residential to commercial and hospitality makes sense when home sales stay weak, but recurring income assets demand strong operational skills. Curious whether these developers can build that hospitality…View moreView less
The pivot from residential to commercial and hospitality makes sense when home sales stay weak, but recurring income assets demand strong operational skills. Curious whether these developers can build that hospitality expertise fast enough. #AsianBusiness