Investors are piling into China’s offices, shops and retail space, defying spending slumps across Asia-Pacific real estate markets

Property buyers piled into China’s commercial and retail real estate in the three months ended June even as the country was barely out of its coronavirus outbreak, outpacing demand across the rest of the Asia-Pacific region, according to a report. Second-quarter investment volume jumped 95 per cent to US$8.4 billion compared with last year, according to data by Real Capital Analytics (RCA). First-half volume fell 23 per cent from last year to US$14 billion, owing to nationwide quarantines to…

from South China Morning Post https://www.scmp.com/business/article/3098016/investors-are-piling-chinas-offices-shops-and-retail-space-defying