In a report by CBRE on third quarter 2018 hotel activity, investment transaction volume was observed to decline as activity was constrained by lack of stock for sale.

In summary

  • Korea investment activity recovered as several mid-range hotels change hands amid heightened interest from local and foreign investors
  • Both local and foreign investors see Thailand as an interesting investment destination
  • Shortage of assets for sale in Japan resulted in few small and medium related party deals
  • Quality assets remain tightly held in Hong Kong, resulting in few transactions
  • Sentiment is strengthening in Singapore as hotel performance came in solidly amid growth in tourism arrivals
  • Lack of stock for sale in Australia resulted in low deal volume despite investor interest

Also read: Minbu Villa re-launches en-bloc

Hong Kong

  • Local buyers displayed robust demand but only a few small transactions were recorded
  • Interest from domestic purchasers remain strong
  • Foreign investors continue to seek for opportunities but high asking prices and low yields are inhibiting activity …