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Jones Lang LaSalle releases white paper on serviced apartments.
Jones Lang LaSalle releases white paper on serviced apartments.
The growing significance of the serviced apartment market over the past few years has made it a unique segment in Hong Kong’s real estate industry. As the sustained leasing demand helped safeguard the rents of serviced apartments from falling drastically after the financial crisis, the growing investment demand has lured institutional investors to the business, which also saw the emergence of chained operations in the market. In its white paper titled ‘Serviced Apartments – Achieving Suite Success’, Jones Lang LaSalle discussed some of the key factors in forging a successful project in the serviced apartment industry.
