Caixin OnlineBusiness & IndustryTop Stories Industry Bubble Forming in Commercial Property Market, Expert Warns
04.08.2013 19:08

Bubble Forming in Commercial Property Market, Expert Warns

Head of industry association says cities such as Shenyang, Chengdu and Tianjin lack the businesses to move into new spaces
By staff reporter Zhu Yishi
A

(Beijing) – A bubble is forming in the commercial property markets of some of the country's major cities, the head of an industry association warns.

Wang Yongping, secretary general of the China Commercial Real Estate Association, cited as examples Shenyang, Chengdu and Tianjin. "The supply is huge in these cities, but it is difficult for developers to find enough retailers and other businesses to lease to in the short term," he said.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter
Latest Issue
On the Cover:

Ammonia in the Haze

Farms and cars are contributing to rising levels of ammonia gas in the country, but the impact on air pollution is still hazy


Issue 82
October, 2014

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Ammonia in the Haze
Farms and cars are contributing to rising levels of ammonia gas in the country, but the impact on air pollution is still hazy
Issue 82
10.01.2014

Subscribe       |       Newsletter        |        FAQ