The only cross-border flows into Hong Kong commercial property this year have come from China, while local investors have been buying more overseas real estate, amid the recent turmoil.
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Japanese property proves appealing for overseas investors, while for Asian institutions, there’s no place like home for real estate opportunties, new studies indicate.
Economic turbulence in 2011 did not prevent the number of ultra-wealthy climbing 7% last year, with emphasis shifting to the East, finds a World Wealth report set to be issued today.
