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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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Office rents eased downwards q-o-q, ending the consecutive run of six quarters of growth since Q4 2013. 

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