Forecast total transaction volume to exceed RMB50 billion in 2021 Investors eye on tier 2, 3 cities with appetite for Industrial logistics, cold chain, data centers
- Transaction volume in Guangzhou and Shenzhen exceeds RMB50 billion for four consecutive years, forecast similar volume for 2021 while transactions extend to tier 2 cities in the region.
- Foreign investors increase investment in the Greater Bay Area especially low value assets in Southern China for geo-strategic asset allocation.
- Though transactions are still dominated by traditional industries, the mature transport network favours the development of new property types, with industrial logistics, cold chain, and data centers preferred by investors.
HONG KONG SAR – to download the official photo and slide deck.
Photo captions:
Photo 1: Mr. Alva To, Cushman & Wakefield’s Vice President, Greater China(Left), and Ms. Queeny So, Cushman & Wakefield’s Executive Director, Capital Markets, China (Right)
Photo 2: Mr. Alva To, Cushman & Wakefield’s Vice President, Greater China(Left), and Ms. Queeny So, Cushman & Wakefield’s Executive Director, Capital Markets, China (Right)
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 in the world, with approximately 50,000 employees in over 400 offices and 60 countries. In Greater China, a network of 22 offices serves local markets across the region, earning recognition and winning multiple awards for industry-leading performance. The firm had global revenues of $7.8 billion in 2020 across core services including valuation, consulting, project & development services, capital markets, project & occupier services, industrial & logistics, retail and others. To learn more, visit www.cushmanwakefield.com or follow us on LinkedIn (
https://www.linkedin.com/company/cushman-&-wakefield-greater-china)
#Cushman&Wakefield
Source:: Media Outreach
admin
