Commercial real estate to see boom in capital flows
By Hu Yuanyuan and Zheng Yiran | China Daily | Updated: 2017-06-26 07:30
Industry report says institutions and developers bullish on realty segment
Chinese commercial realty sales are expected to reach 260 billion yuan ($38 billion) by 2020, up 45 percent from the 2016 level, underlining huge investment potential in the sector, an industry report showed.
The report, published by Los Angeles-based commercial real estate and investment company CBRE Group, shows that China's bulk commercial real estate or CRE deals hit 180 billion yuan last year, taking a giant leap in the real estate industry.
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