Commercial Real Estate Investors Eye Bargains in China Amid Recovery Hopes

Commercial property transactions in major Chinese cities like Shanghai are on the rise as investors target prime locations, betting on the market’s potential recovery. The value of various real estate assets in China, including office buildings, hotels, and shopping malls, had declined in recent years during a prolonged crisis. However, with prices stabilizing in some cities, investors are actively looking for attractive deals, analysts report. According to CBRE’s Candice Wang, head of capital markets for eastern China, prices of office buildings have dropped significantly by 30 to 40 per cent from their peak levels. With little room left for further…