Hong Kong's commercial real estate is expected to take several years to fully recover, but the worst is behind, The Standard reported Thursday, citing DBS Bank (Hong Kong) chief executive Sebastian Paredes.
Speaking at the Financial Times Banking Summit Asisa 2025, Paredes said recovery in Hong Kong's real estate market would be tied to mainland China's economic and property market stabilization.
Paredes added that Hong Kong was showing early signs of stabilization, but the office sector would remain pressured in the near term.
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