Real estate markets in China and Hong Kong are going to thrive, said the CEO of Mapletree Greater China Commercial Trust, Cindy Chow, amid heightened investor concern over a bubble forming in these two markets.
“If you look at the Hong Kong and China [property] markets, we are still very positive about growth. We are seeing strong consumerism and strong take-up in office use,” said Chow. Mapletree Greater China Commercial Trust has one retail mall in Hong Kong - Festival Walk - as well as an office building in Beijing in its portfolio………………………………………..Full Article: Source