日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Editor Choice

China's commercial real estate woes

(chinadaily.com.cn)
Updated: 2009-10-09 16:39

In Beijing, the oversupply of commercial space will force down rents and occupancy rates, says Rodman. This will increase the risk on defaults on bank loans to real estate developers and affect future real estate investment prospects. "As developers find it more difficult, there is a potential for some of them to turn to the strata-title market ( those sold and rented by different landlords by floor or unit, similar to condominium ownership models) or look for (institutional investors that buy an entire building)."

In contrast, in Shanghai, "companies are occupying the space," according to Macdonald. "The oversupply is by no means an accident. There are expectations for immense growth in Shanghai over the next 10 years, and having available office space for companies will be an essential part of ensuring the economy can grow."

Although tough times may still lie ahead, the government's stimulus package will spur growth in demand for office space by domestic companies, says Hu. Foreign enterprises investing in China, especially in sectors relatively unaffected by the recession such as renewable energy and pharmaceuticals, are expected to need office space in Beijing, while auto and electronic manufacturing will benefit from the increasing consumption in China in the long term.

"The huge amount of supply building up is not the main problem, rather the weakened economic conditions that have affected demand is," says Macdonald. "As with the rest of the world, China is putting immense effort into maintaining growth. It is widely believed these efforts will help to get the economy expanding again and once it does, demand for office space will return to normal." The central government's goal of making Shanghai an international financial center by 2020 won't hurt either. It should "further brighten the office market's long-term vision, although the current oversupply is not likely to be alleviated in the immediate short term," he says.

Over the next two years, 30 projects totalling more than 2.5 million sq m (27 million square feet) of mid-to high-end retail space will be launched, says Macdonald. "Given that the annual take-up volume between 2006 and 2008 was 800,000 sq m, vacancy rates should continue to rise over the next two years, especially given that the rate of expansion has slowed since the start of the year," he says.

"The amount is increasing and development is taking a longer term view. Although some projects have been delayed … the next couple of years are still expected to see supply schedules met," he notes. "The supply issue is likely to remain for at least the next three years."

Reproduced with permission from Knowledge@Wharton, http://knowledgeatwharton.com.cn. Trustees of the University of Pennsylvania. All rights reserved.

   Previous Page 1 2 3 Next Page  

主站蜘蛛池模板: 视频一区在线播放 | 天堂岛av | 99在线观看免费视频 | 久热只有精品 | 日本久久中文 | 精品国产91乱码一区二区三区 | 亚洲图片欧美日韩 | 日本免费黄色网址 | 成人高清视频免费观看 | 波多野吉衣av | 日韩精品一区二区在线观看 | 亚洲一区二区综合 | 又色又爽又黄18网站 | 91精品一区| 91亚洲精品久久久蜜桃网站 | 国产麻豆传媒 | 欧美成人自拍视频 | 超碰人人av | 五月婷婷一区二区三区 | 婷婷爱爱 | 国产一级免费av | 99这里有精品 | 超碰入口| 亚洲欧洲天堂 | 日韩综合网站 | 亚洲精品久久久久avwww潮水 | 欧美一区二区在线免费观看 | 亚洲男人天堂影院 | 亚洲天堂福利 | aaa在线免费观看 | 国产人成在线 | 久久蜜臀精品av | 我要看免费的毛片 | 天天天天天天天操 | 国产自偷 | 丁香六月天婷婷 | av在线手机| 日本久久一级片 | 97av视频在线 | 亚洲激情另类 | 五月天色综合 |