Beijing commercial real estate supply by 355% in twenty large-scale projects will enter the market

 Increase the supply of commercial real estate

355%

CB Richard Ellis, the international property services
recently released survey, 2010, Beijing jumped sharply retail real estate market, the retailer has experienced over the past two years, the low global financial crisis, began expanding rapidly. Commercial real estate and to absorb new supply reached an unprecedented volume of 1.23 million square meters and 100 million square meters, compared with 2009 grew by 355% and 357%.

2010 in the second half, the Beijing retail trade very active commercial real estate projects. Intime to 1,612,500,000 if the acquisition of Henderson Land, Hong Kong, Beijing Lufthansa Friendship Shopping City has a 50% stake. Jin Sheng commercial bridge to 460 million yuan to be auctioned. With the rapid changes in the commercial market, some small investors are actively looking for suitable investment opportunities. Sanlitun SOHO, such as strategic location attracted many tenants. Last year, North Sanlitun SOHO business occupancy rate has reached 60%, 12 million square meters of office occupancy rate has reached 85% of the daily flow of people between this office had close to 2 million people, a Beijing real commercial property hotspots portrayal.

CB Richard Ellis is expected in 2011, Beijing will have nearly 20 large-scale commercial projects into the market, with a total construction area of 120 square meters. Along the new subway and suburban residential communities will be the next round of competition for retail real estate developers, the focus of mid-range department stores and traditional fashion brand presence, will greatly promote the metro and suburban retail development along the route.