Home » Business » Real Estate
Investment in offices stays robust in Q1
Print Edition
INVESTMENT in offices remained robust in Shanghai in the first quarter of this year, and investor interest in retail and logistics real estate is also set to rise, major global real estate services providers said.
Four key real estate deals valued at 4.3 billion yuan (US$663 million) were concluded during the three months, with decentralized office space taking up 55 percent of the total sales amount, global property advisor Savills said in its latest quarterly report. Serviced apartments took the remainder.
“Domestic investors played an active role at the beginning of this year, concluding three deals that took up more than 80 percent of the total value,” said Chester Zhang, associate director at Savills China Research. “Looking forward, retail and logistics segments are expected to see more portfolio and platform deals as international investors have a strategic interest in these sectors.”
International property consultancy JLL also expected robust demand for Shanghai office space to continue.
“Domestic capital, benefiting from relaxed regulations and greater access to financing instruments, is seeking stable office assets not only in the CBD area but in decentralized and business park locations as well, with a focus on high-quality properties with stable rents,” said Johnny Shao, head of capital markets for JLL Shanghai and East China.
“In the retail sector, both foreign and domestic institutional investors are expected to show greater interest for portfolio deals ... while interest in logistics will remain.”
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
