International investors extend their inroads into China’s commercial real estate sector

//International investors extend their inroads into China’s commercial real estate sector

International investors extend their inroads into China’s commercial real estate sector

International investors have extended their inroads into China’s commercial property sector this year, as the largest cities become hunting grounds for office towers, shopping malls and mixed-use projects.Global investors have splashed out 29.2 billion yuan (US$4.35 billion) in the first three months on properties in Shanghai, a huge jump from 9.1 billion yuan a year ago, according to real estate service firm Cushman & Wakefield. In Beijing, offshore investors accounted for 56 per cent of the…

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By | 2019-04-21T04:30:09+00:00 April 21st, 2019|Business|Comments Off on International investors extend their inroads into China’s commercial real estate sector