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China’s commercial property deals are expected to double in value over the next decade, buoyed by an increase in capital coming from insurers, the emergence of more investment funds and the creation of real estate investment trusts (Reits), according to CBRE.
The global property services firm forecasts in a research report that the transaction value of commercial properties – which includes office and retail spaces – could top 650 billion yuan (US$98.3 billion) in 2030, more than twice the current level.
“China’s economy has shown its resilience in the post-Covid . . .
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