DTZ: Total commercial real estate deals in Shanghai of CNY40.25bn, up 19% q-o-q and 10% y-o-y
According to DTZ’s Property Times, total commercial real estate transactions in Shanghai in 2Q15. This represented a 19% rise relative to 1Q15 and a 10% increase relative to 2Q14. Residential property accounted for CNY15.84bn of the total; mixed use property for another CNY15.47bn. Office space accounted for CNY4.9bn. There were no deals involving retail real estate and just five – for CNY0.5bn – involving industrial real estate.
Source : July 2015/DTZ/Shanghai/RES