The city secured US $402m in cross-border capital for land and development sites over the past 12 months.
Hong Kong remains a magnet for global development capital but has scaled back its role as a cross-border investor, according to the GCM Global Capital Flows APAC June 2025 report by Colliers and MSCI Real Capital Analytics.
The city secured US$402m in cross-border capital for land and development sites over the past 12 months, placing it among the top 10 global destinations for such investment. This represents a 1.0% share of global activity, in line with its five-year average.
At the same time, Hong Kong’s role as a capital source for standing real estate assets has cooled slightly. The city deployed US$4.13b globally in the past 12 months, with US$3.10b of that invested within the Asia-Pacific region.
This activity gave Hong Kong a 2.7% share of total global cross-border capital flows in Q1 2025, down from a 4.5% five-year average, marking a noticeable pullback.
Source: www.hongkongbusiness.hk
credit photo: Robert Bye
