Institutional report: Improved investor sentiment and recovery in the leasing market drive increased activity in bulk property transactions. In 2024, the net absorption of high-standard warehouses in major cities in China is expected to reach about 7.5 million square meters, a slight year-on-year increase.
The expansion demand of cross-border e-commerce is still expected to Stay strong in 2024. In the retail property market, the report believes that with the further improvement of residents' consumer confidence, the leasing demand for professional sports and outdoor brands will maintain strong growth.