Foreign investors continue to be optimistic about Beijing's bulk property market-Chinanews.com

　　On October 13, Sun Zutian, head of the North China Research Department of CBRE, an international commercial real estate service and investment company, said in an interview with a reporter from China News Agency that since the third quarter of last year, for five consecutive quarters, the Beijing property market has overseas Investors completed major transactions, demonstrating the firm confidence of foreign buyers in the Beijing market.

　　He pointed out that in the third quarter, Beijing's office buildings, retail properties, warehousing and logistics and other commercial real estate sectors all experienced varying degrees of demand recovery, and the activity of the property investment market also increased significantly.

　　According to data released by the agency on the same day, in the third quarter of 2020, Beijing concluded nine major transactions, with a total transaction value of 16.92 billion yuan, an increase of 54% from the previous month. Among them, three transactions over 3 billion contributed two-thirds of the transaction. amount.

　　The activity of foreign investment has picked up significantly.

Gome Yuexiu City, jointly invested by AEW Group, Singapore Government Investment Corporation (GIC) and Haoteng Investment, was the largest transaction in the Beijing property investment market in the third quarter.

　　In addition, in the third quarter, driven by the national “new infrastructure” related policies, data center investment enthusiasm increased rapidly. GDS and CITIC Industrial Fund completed two data center investments in cooperation.

　　CB Richard Ellis North China Investment and Capital Markets Director Ji Gang also pointed out that the total volume of major transactions in the first three quarters of 2020 is close to 50 billion yuan, of which foreign investors’ investment exceeds the level of the same period last year, reflecting that the market is becoming clearer and starting to pick up The investment transaction process gradually returned to normalization.

(Reporter Pang Wuji edited by Le Xiaomin)

Editor in charge: [Liu Xian]