Fed May Raise Rates by 0.25 Point in December; Industry Expects No Dent to Hong Kong Family Offices' Appetite for Overseas Property Investment

Industry figures believe the US Federal Reserve's expected 0.25-point rate rise in December is unlikely to weaken Hong Kong family offices' interest in investing in property in Europe, the US and Japan. Ken Peng, chief investment officer at Raffles Family Office, said there are currently no signs of large-scale selling in the US property market, with some local US markets even seeing supply shortages.