China Commercial Real Estate sales in the first half of the sum of U.S. and British super -
Although China is far from the sale of commercial properties for residential and smooth, but in accordance with this achievement alone can jump out in front in the global market.
The independent research firm Real Capital Analytics (hereinafter referred to as “RCA”) recently released a report: In the first half of 2009, China’s commercial real estate sales in excess of the United States and the United Kingdom the two traditional commercial real estate market combined. And now stand, Europe and the United States have not yet climbed out of the commercial real estate section peatlands.
Specific statistics show: During the first 6 months, commercial real estate transactions in Asia amounted to 48.4 billion U.S. dollars, of which, China’s trade amounted to 31.2 billion U.S. dollars. While the U.S. and the UK commercial real estate transactions were 16.2 billion U.S. dollars and 137 billion dollars.
CBN reporter learned through the official website of the institution: before RCA in 2007 also on the global commercial real estate sales activity to make the market assessment, their global sample of 114 cities, these cities have a single can generate over one billion U.S. dollars of commercial real estate sales the amount, of which 48 cities in North America, 35 cities in Europe, in addition to Asia and 21 cities. At that time, this body, the forecast of Asia commercial real estate sales volume in 2008 than in Europe and the Americas.
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