Suitable sites for conversion to student housing are dwindling while questions about scalability and liquidity are coming into sharper focus
In the first half of this year, investment in Hong Kong commercial real estate reached HK$24.1 billion (US$3.1 billion), up 56 per cent in annualised terms, according to CBRE data. The education industry was a crucial source of demand, generating HK$10 billion worth of transactions, with many of these deals involving assets for conversion into student housing.