• Commercial property investment volume rose sharply in Q4 2020, underpinned by the sale of Cityplaza One and Goldin Financial Centre.
  • Developers retain a cautious attitude towards acquiring land in locations lacking strong occupier demand but bidding for residential sites remains competitive.
  • While capital values continued to trend down over the quarter, the rate of decline slowed across all sectors.
  • The recent removal of the Double Stamp Duty for commercial properties is set to provide the investment market with a much-needed boost in 2021.