The Policy Address 2024 of Hong Kong was delivered by the Chief Executive on 16 October 2024 (the “Policy Address”). Among a series of reforms aimed at rejuvenating the city’s economy and enhancing residents’ livelihood, the...more
The new Extension of Government Leases Ordinance (the “Ordinance”) will take effect this Friday, 5 July 2024. In consideration of the significant number of owners affected by the expiration of Government leases from 2025...more
A common route for property owners to effect divestiture of their real estate assets to de-risk their investments and to improve liquidity is to sell down part of the asset and form a joint venture with the buyer....more
4/18/2023
/ Asia ,
Commercial Leases ,
De-Risking ,
Divestiture ,
Landlords ,
Lease Term ,
Leaseback ,
Leases ,
Liquidity ,
Property Owners ,
Real Estate Investments ,
Tenants
In this second article (in our three part series which explores joint venture and sale and leaseback arrangements for Asian real estate investors), we examine some of the key economic considerations that investors should bear...more
Three years after the outbreak of COVID-19, restrictions have finally eased in Asia. However, investors in the region are still feeling its effects as well as headwinds caused by higher interest rates, rising inflation,...more
3/23/2023
/ Asia ,
Banking Sector ,
Coronavirus/COVID-19 ,
Financial Crisis ,
Governance Standards ,
Interest Rates ,
Joint Venture ,
Liquidity ,
Price Inflation ,
Real Estate Investments ,
Real Estate Market ,
Supply Chain
On 22 February 2023, Paul Chan, the Financial Secretary of Hong Kong, delivered the 2023-24 Budget (the “Budget”). Starting off by acknowledging the severe external environment, Chan went on to forecast that the Hong Kong...more
Hong Kong Chief Executive John Lee announced his maiden policy address on 19 October 2022. Alongside initiatives to attract foreign talent and safeguard national security, which are the main themes of his speech, he...more