Jones Lang LaSalle released the 16 comprehensive report on "the top 60 cities in China". The report shows that after experiencing rapid economic growth, China's top 60 cities have an oversupply of commercial real estate. But several key changes in the investment environment will also provide investors with a "buying opportunity".
The "Top 60 Cities in China" report is an in-depth study of the real estate market in 60 second-and third-tier cities in mainland China. The report argues that, despite the slowdown in economic growth, if future growth rates can be temporarily maintained, the practice of economic growth is still considerable. In addition, with the growth of services, white-collar jobs, independent innovation and high value-added manufacturing development and the landing of reform policies, it will also comfort the demand for high-quality commercial real estate in many areas.
At the same time, the report also points out the structural imbalance of commercial real estate. At present, although the international commercial real estate has been established on a large scale, the lack of international high-standard property supply in a few market segments is still clear. Investors should carefully choose the direction of investment.