• Follow Us On : 

China Property Investment Soars 9.5% in 2018 to Record-high as Credit Squeeze Creates Opportunities


Redaksi | Kamis,31 Januari 2019 - 07:00:53 WIB
Dibaca: 550 kali 
China Property Investment Soars 9.5% in 2018 to Record-high as Credit Squeeze Creates Opportunities

HONG KONG, CHINA - Media OutReach - 30 January 2019 - According to Cushman & Wakefield Research's latest Greater China Capital Markets Express report, China's commercial real estate (CRE) investment hit a new record-high of RMB296 billion (approx. US$43.8 billion) in 2018, climbing a formidable 9.5% over 2017, amid the country's clampdown on lending, impact of the prevailing trade frictions with the U.S. and a cooling domestic economy.

Cushman & Wakefield noted active foreign capital demonstrating a clear preference for China's Tier-1 cities in 2018 where investment accounted for nearly 99% of total foreign investment in China, at RMB94.6 billion (approx. US$13.9 billion), more than double the amount in 2017.

China's tough real estate lending environment created some excellent acquisition opportunities as vendors' expectations and supply pipelines softened. Strong end-user leasing demand also boosted the investment case. 

Catherine Chen, Head of Forecasting & Capital Markets Research, Greater China at Cushman & Wakefield, said: "Prevailing trade frictions and ongoing economic cooling did little to quench foreign investors' appetite for property in mainland China. In 2018, RMB96 billion worth of investment was led by foreign investors, a 32% share of major transactions. The U.S.-originated component of this totaled RMB14 billion (approx. US$2.1 billion)." 

Chen added, "Foreign capital represented 45% of total investment (foreign and domestic) in the Tier-1 cities, significantly up from the 25% share in 2017. Shanghai was the primary target of foreign capital, recording RMB71.5 billion (approx. US$10.5 billion) in CRE investment in 2018, surging 78% y-o-y. Shanghai's relatively high component of offshore structured assets proved attractive to international investors."

Cushman & Wakefield witnessed cash-strapped developers shift gears and restructure project pipelines to focus on residential developments. Many local players backed away from commercial development or even looked to dispose of commercial project companies to shore up balance sheets.

James Shepherd, Managing Director of Research, Greater China at Cushman & Wakefield, said: "Despite recent adjustments to the reserve ratio requirement, it seems unlikely that restrictions specifically on real estate debt are likely to be loosened in any significant way for at least the first six months of the year. Nevertheless, we forecast continued opening-up of the commercial property market to foreign investors and banks."

Shepherd added: "Cushman & Wakefield forecasts that Shenzhen, Guangzhou and Hong Kong are set to see increased demand through 2019. Beyond core cities of the Greater Bay Area, we also note strengthening interest in cities such as Zhuhai, Zhongshan, Foshan and Dongguan as well as key provincial capital cities.

The report also offers insight from industry experts from various service lines at Cushman & Wakefield, including Gordon Marsden, Regional Director, Asia Pacific Capital Markets, and Sean Zhang, Head of Financial Advisory Services, China.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. Across Greater China, there are 20 offices servicing the local market. The company won four of the top awards in the Euromoney Survey 2017 & 2018 in the categories of Overall, Agency Letting/Sales, Valuation and Research in China. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china)


Akses Wahanariau.com Via Mobile m.Wahanariau.com
Untuk Berbagi Berita / Informasi / Peristiwa
Silahkan SMS ke nomor HP : 085271472010
atau email ke alamat : [email protected]
Harap camtumkan detail data diri Anda
Pengutipan Berita dan Foto, Cantumkan Wahanariau.com Sebagai Sumber Tanpa Penyingkatan
TULIS KOMENTAR
BERITA TERKAIT
Sabtu,20 Oktober 2018 - 00:34:17 WIB

DHL and Shopee Launch New Partnership, Enabling China Sellers to Easily Access Thai Consumers

Excellent cross border and domestic delivery solution provided by DHL eCommerce now integrated on

Selasa,22 Januari 2019 - 01:40:26 WIB

China Resources Power And Black Spade Capital Sign A Strategic Joint Venture Cooperation Agreement; Teaming Up To Create An Environmentally Friendly World

With environmental protection in mind and capitalizing on the competitive edges of each side, the tw

Selasa,04 Desember 2018 - 01:43:04 WIB

The Fortune Global Tech Forum: UnPay Wins Fortune China Innovation Award; to Empower Digital Payment 4.0 Worldwide

GUANGZHOU, CHINA - Media OutReach - December 3, 2018 - The annual Fortune Global

Kamis,28 Februari 2019 - 02:25:52 WIB

China Dongxiang Announces Second Interim Results 2018

Reform on Sales Channels & Implementation of Para-direct Operation Model Yield Notable Results

Kamis,11 April 2019 - 02:15:58 WIB

China's Belt And Road Initiative Presents Opportunities And Risks To Companies In Asia

SINGAPORE - 10 April 2019 - The investment and infrastructure development opportuniti

Senin,08 Oktober 2018 - 23:03:55 WIB

China’s Growth Forecast Remains Solid For Q4 2018

Mild growth for Chinese trade in both air and ocean freight Important growth sectors include Pers

BERITA LAINNYA
Sabtu,20 Juli 2019 - 01:25:11 WIB

East Rift Valley Enters Singapore, Malaysia: New South New Direction of Revenue

TAIWAN - 19 July 2019 - The East Rift Valley National Scenic Area Administration (ERV Administration

Sabtu,20 Juli 2019 - 01:22:13 WIB

Infor Japan and Zeal Sign Partner Agreement for Cloud-based BI Platform

JAPAN - 19 July 2019 - Infor Japan K.K., the Japanese subsidiary of Infor, a global leader in busine

Jumat,19 Juli 2019 - 01:19:47 WIB

Explore A Fascinating World of Game and Amusement Equipment In Bangkok This August

THAILAND - 18 July 2019 - The global game and amusement equipment market enjoys a robust growth and

BERGABUNG DI SINI
KABAR POPULER
IKUTI BERITA KAMI