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China Developers Show Increasing Interest in Hong Kong Compulsory Sales

March 14, 2019 / Michael Gerrity

According to JLL's latest Residential Sales Market Monitor Report released this week, growing interest from the People's Republic of China (PRC) developers in acquiring older buildings for redevelopment in Hong Kong contributed to the Lands Tribunal receiving a total of 39 compulsory sale applications in 2018, up 160% from the previous year.