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Healthy interest in the GCB market in H1 2015 led to the sale of 15 Bungalows, in line with 13 and 15 GCBs sold in H2 2014 and H1 2014 respectively. 

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From 2003 to 2013, the average wage of employees in urban units in China, both in and outside of the manufacturing sector, has maintained a high rate of growth, in the double digits.

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Outbound real estate investment has reached a tipping point in China. Over the past four years, annual outbound flows experienced a CAGR of approximately 72% to reach over US$ 10 billion1 in purchases of commercial property for the year 2014.

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