A “Bubble” Seen In Chinese Commercial Real Estate?

 

A "Bubble" Seen In
Chinese Commercial Real Estate?

The Hong Kong Standard is reporting that Xinhua News Agency on the mainland in China is reporting there are fears of a commercial real estate bubble in China proper. with the fastest growth in commercial real estate in the world, apprehension is building that a correction might not be far off.

Costa Real Estate Digest | Commercial Real Estate | Beijing

Read about it in this report by Grace Cao of the Hong Kong Standard.

Fears rise of bubble in mainland commercial property

By GRACE CAO – "'Beijing's office rents soared by 48 percent year-on-year in the first quarter,' DTZ said in a report, adding that it was the fastest pace of growth in the world".
http://www.thestandard.com.hk/news_detail.asp?we_cat=2&art_id=123739&sid=36828799&con_type=1&d_str=20120625&fc=1

We might be worlds apart from mainland China here in Southern California, but markets operate in essentially the same manner all over the world. If China is experiencing a true commercial real estate "bubble" … then we here in Southern California can provide good testimony as to what will probably come next.

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