Viewpoint

Hong Kong Viewpoint - Demand for medical real estate poised for rapid growth in Hong Kong

24 May 2022

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Despite tourist arrivals to Hong Kong remaining non-existent due to measures to contain the spread of COVID-19, demand fundamentals for medical services remain solid and are set to drive solid requirements for real estate.

Hong Kong’s ageing population, rising medical spending by wealthier individuals and wider insurance coverage are set to spur strong demand for healthcare and medical services in the coming years. Rising IPO and M&A activity within the healthcare sector will also accelerate expansion by medical providers.