Commercial Real Estate in China
Rapid industrialization and urbanization have supported China's continued strong economic growth over the past five years. Rising incomes have boosted demand for residential real estate, and business expansion has driven the Commercial Real Estate industry's development. Industry revenue is expected to decrease at an annualized 3.3% over the five years through 2022, to $275.5 billion, with strict control on real estate sector and the effects of the COVID-19 pandemic since 2020.
The Commercial Real Estate industry in China is mainly engaged in commercial building development, sales, leasing and marketing. Commercial buildings include office buildings and shopping malls. Residential housing, school, and library developments are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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