China Real Estate Market Outlook 2021 - Finding The Way Forward (Savills)

2020 has been a challenging year for all. With China now seemingly on its way to a full recovery, Savills has published its China market overview and outlook “Finding a way Forward, 2021”, which analyses key drivers and trends of five asset classes and the property management sector. 

Investment: National transaction volumes decreased YoY, while niche assets increased their share of investments to all-time highs. 

Office: Occupiers look to optimise their office portfolios through flexible space arrangements while also securing cost savings. 

Retail: Landlords increase the share of leisure tenants in malls to attract consumers back to the high-street. 

Residential: Upgrade and end-user demand supports the stable market foundations, while the multi-family sector sees new regulations to protect tenant rights. 

Logistics: New infrastructure initiatives will level up warehouse standards and scale. Transparency and asset liquidity is also expected to improve with the launch of REITs. 

Property management: New IPOs saw a record high in 2020, while PropTech opens the way for additional value-added services.