A confirmor sale occurs when a purchaser or confirmor enters into an agreement for the sale and purchase of a property with the owner or vendor, but before completion sub-sells the property to a sub-purchaser. A few such transactions have been noticed since the removal of the curbs by the Hong Kong government last week.
“A taxonomy is very important for transition financing, so that banks have a common standard to follow in terms of the issuance of bonds and loans.” Transition finance refers to bonds and loans that help companies turn their carbon-intensive operations into climate-neutral outfits aligned with global green ambitions. The development of transition finance has been
Hong Kong-based property bears topped the world in their pessimism, as a mix of high interest rates and a slumping economy with weak demand dampened any interest in buying assets, according to a study by the consulting firm CBRE. The net buying intention of Hong Kong-based professional property investors remained at negative 11 per cent