Hong Kong property recovery tested as bigger student housing deals gain traction

Hong Kong's student housing sector is undergoing a transformation with the emergence of larger, institutional-style deals. This shift indicates a cautious return of professional investors to the market after a period of declining asset values. The sector is moving beyond the smaller hotel conversions that were prevalent in the past two years. Analysts and investors anticipate more significant transactions as financing conditions improve and distressed sales increase. Buyers are actively seeking assets that can provide stable income. Kavis Ip, CEO of Centaline Investment, predicts an increase in sizeable transactions this year and next.