Summary:
- Hong Kong’s student accommodation shortage is projected to nearly double to 147,200 beds by 2029-2030, driving investors to convert hotels and office buildings into student housing, exemplified by China Resources Longdation’s $953 million purchase of Hotel COZi Oasis for conversion into 900 beds.
- Nonresidential property transactions exceeding $100 million surged 84% year-on-year to $23.2 billion in H1 2025, reflecting increased demand from companies acquiring office spaces for their own use and investors targeting repurposable assets amid lower property values.
- Office deals remain concentrated in Central and established business districts, supported by financial services and IPO activity, while residential buyers increasingly prioritise liveability and efficient layouts, with mid-market homes expected to lead sales following stamp duty adjustments.
Original article:
https://realestateasia.com/exclusive/hong-kong-investors-turn-hotels-student-housing
