xinhua silk road logo xinhua silk road logo
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

maritime silk road search
Macro-economy

Foreign investors overweight on China's commercial real estate: report

February 12, 2019


Abstract : Foreign investors are increasing their investment in China's commercial real estate market, according to reports released by overseas leading commercial real estate services.

timg

SHANGHAI, Feb. 12 (Xinhua) -- Foreign investors are increasing their investment in China's commercial real estate market, according to reports released by overseas leading commercial real estate services.

Last year's total foreign investment in China's major commercial real-estate projects surpassed 70 billion yuan (about 10.38 billion U.S. dollars), up over 50 percent year on year, said CBRE Group, a global leading commercial real estate services.

In 2018, foreign investors were also active buyers of China's office buildings. Foreign investment accounted for about 60 percent of Shanghai's major property deals in the fourth quarter of 2018, according to Savills, a world-leading property agent.

Reports also indicate that foreign investment demand for China's real estate market is expected to grow in 2019 based on recent studies on fund-raising of overseas developers.

CBRE Group also predicts that the invested assets of property funds eyeing China will rise over 35 billion dollars from 2019 to 2024, with investment mainly on value-added and opportunistic real estate projects.

In 2019, foreign investors show greater interests in China's commercial property. On Jan. 7, Singapore's CapitaLand announced it would acquire about 70 percent of Pufa Tower in Shanghai's central business district through a joint venture for 2.75 billion yuan.

"The acquisition suggests CapitaLand's increasing confidence in China's future economic development," said Luo Zhenyu, president of the Singapore property giant. "China's opening financial sector will further meet the growing demand of foreign investors' business and office expansions."

Scan the QR code and push it to your mobile phone

Keyword: China-real-estate foreign-investor

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial