HONG KONG/TOKYO -- A benchmark index of Hong Kong's real estate investment trusts has declined by more than a quarter this year, in stark contrast with REITs of other major markets as investors abandon China-linked assets.
Property
Hong Kong REITs down 26% this year as investors exit China
Office vacancies and higher interest rates weigh on market
Office vacancy rates in Hong Kong's Central business district climbed into the double digits last quarter. © Reuters
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