What are the key opportunities in Tier II markets in China?
Language: English Series: Property Forecast ; 10(8) September 2007, 2-4(3)Publication details: 2007Subject(s): Summary: Describes a fundamental shift in China's property market which has occurred over recent years. Investors and developers are now looking to Tier II cities for opportunities. Affluent residential consumers have migrated to urban areas, seeking to upgrade their accommodation. The trend is furthered by increased car ownership which has improved accessibility to commuter neighbourhoods. The Grade A office market has developed in parallel with this trend. As disposable incomes have risen, so prime retail opportunities have developed. Concludes that China is undergoing a transformative phase which is unlikely to develop at an even pace.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L140747 (Browse shelf(Opens below)) | 1 | Available | 140747-1001 |
Describes a fundamental shift in China's property market which has occurred over recent years. Investors and developers are now looking to Tier II cities for opportunities. Affluent residential consumers have migrated to urban areas, seeking to upgrade their accommodation. The trend is furthered by increased car ownership which has improved accessibility to commuter neighbourhoods. The Grade A office market has developed in parallel with this trend. As disposable incomes have risen, so prime retail opportunities have developed. Concludes that China is undergoing a transformative phase which is unlikely to develop at an even pace.