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Hong Kong protests

Protests dim prospects for Hong Kong's commercial properties

Real estate investors turn back on China-ruled territory in favor of Tokyo

Investment in high-end Hong Kong real estate fell 65% on year in the July-September quarter, while forecasts for the future remain gloomy.   © Reuters

SINGAPORE -- Months of violent protests in Hong Kong have sent the value of commercial property investments spiraling.

Total investment in properties valued at over $100 million Hong Kong dollars ($13 million) fell 65% on year to HK$6 billion in the July-September quarter. This is about 25% of the HK$25.7 billion quarterly investment average over the last five years, according to data supplied by real estate services company Cushman & Wakefield.

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