Reported 9 months ago
In the first half of this year, the commercial market saw a significant increase in transactions, exceeding 120 billion yuan in commercial real estate and land market transactions with key projects driving the market. There are three major trends observed by Xinyi Global Asset Management: strong industry demand for self-use, investment surge in commercial real estate by property investors, and urban redevelopment projects attracting developers. The total transaction volume reached 123.2 billion yuan, a 31% increase from the same period last year, led by the confidence boost in land purchases due to the new government loan policy. Commercial office properties were the top-selling category, with several record-breaking transactions, signaling a robust demand for office spaces.
Source: YAHOO